Dallas TX MSA - Top 7% Nationwide
20 Year Operating History - 5 Year Lease Extension
Marketing description
AMC Real Estate Investment Services is pleased to present for sale a single-tenant Dollar General located in Lancaster, Texas, within the Dallas–Fort Worth MSA. Dollar General has successfully operated at this location since 2006 and recently exercised a five-year lease extension while maintaining two (3-year) renewal options, demonstrating long-term tenant commitment to the site and continued confidence in the strength of the surrounding trade area. The property features durable all-brick construction and a standing-seam metal roof with an estimated 40–70 year lifespan, significantly longer than typical retail roofing systems. The building also received new HVAC units in 2016 through Dollar General’s upgrade program, helping reduce near-term capital expenditure risk. The property operates under a passive NN lease structure, with the tenant responsible for real estate taxes, insurance, and minor HVAC repairs while also contributing toward CAM and HVAC allowances, resulting in limited landlord responsibilities. The store ranks in the 93rd percentile nationally (top 7%) and 81st percentile within Texas based on AlphaMap mobile visitation data, averaging approximately 13,500 monthly visits, demonstrating strong and consistent customer traffic. The asset is positioned within the rapidly growing South Dallas corridor of the Dallas–Fort Worth–Arlington MSA, the 4th largest metropolitan area in the United States with more than 7.8 million residents, where significant projects such as the $600M Google data center in Red Oak, the $200M RedBird Mall redevelopment, the 423-acre South Dallas Urban Renewal District, and the $47M Rivulet mixed-use development continue to drive economic growth and population expansion.
Investment highlights
RECENT 5-YEAR LEASE EXTENSION DEMONSTRATES TENANT COMMITMENT
• Dollar General recently exercised a 5-year lease extension
• Two (3-year) renewal options remaining
• Tenant has successfully operated at this location since 2006
DURABLE ALL-BRICK CONSTRUCTION WITH LONG-LIFE ROOF & UPDATED HVAC
• All-brick construction with a standing-seam metal roof (40–70 year lifespan)
• HVAC units replaced in 2016 through Dollar General upgrade program
• Durable construction helps limit near-term capital needs
PASSIVE NN LEASE STRUCTURE WITH LIMITED LANDLORD RESPONSIBILITIES
• NN lease structure providing a passive investment
• Tenant responsible for taxes, insurance, and minor HVAC repairs
• Tenant contributes toward CAM and HVAC maintenance
TOP 7% OF DOLLAR GENERAL STORES NATIONWIDE (93RD PERCENTILE)
• 93rd percentile nationally and 81st percentile in Texas (AlphaMap data)
• Averaging approximately 13,500 visits per month
• Strong and consistent customer traffic within the Lancaster trade area
LOCATED IN RAPIDLY GROWING SOUTH DALLAS DEVELOPMENT CORRIDOR
• Located within the Dallas–Fort Worth MSA (7.8M+ residents)
• Near major developments, including the $600M Google Data Center (Red Oak)
• Additional investment includes $200M RedBird Mall redevelopment
• Area growth supported by South Dallas Urban Renewal District & Rivulet mixed-use development
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