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32223357
32223359

1821 Country Club Road, San Angelo, TX 76904

ER
MS 19734
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,608,696
34 days on market
Updated 34 days ago

Dollar General | San Angelo, TX

Details
Property Type Retail
Sub Type Freestanding
Square Footage 9,026
Cap Rate 5.75%
NOI $150,000
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Pro-Forma Cap Rate 5.75%
Pro-Forma NOI $150,000
Price per SqFt $289
Acreage 2.330
Parking Spaces 31 spaces
Parking Per SqFt 3.43
Investment Type Net Lease
Ground Lease No

Dollar General | San Angelo, TX

Marketing description

  • Hardy-Plank Exterior on 3-sides
  • 15-Year NNN Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During Primary Term & Renewal Options
  • Corporate Guarantee by Dollar General Corporation
  • Store is positioned at the entrance of the newly developed master-planned Fairway Downs subdivision (120+ lots) across from the San Angelo Country Club
  • San Angelo serves as the regional center for 13 counties. Its economy is anchored by Goodfellow Air Force Base, Angelo State University, and Shannon Medical Center
  • Goodfellow Air Force Base, home to the 17th Training Wing, supports a population of over 12,500 people, including active duty, students, and civilians
  • Shannon Medical Center is the largest employer in the region with 4,300+ team members
  • San Angelo is historically known as the "Wool Capital of the World," and remains the primary agribusiness and livestock processing center for the region
  • Tom Green County is currently transitioning into a high-tech industrial hub, with recent significant investments, including the Skybox/Emergent data center campus

Sources: Google Gemini, Shannon Medical Center, Tom Green County, FRED

Investment highlights

Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing Dollar General located in San Angelo, TX. The subject property has a hardy-plank exterior on 3-sides of the building. The San Angelo DG has a 15-year, NNN lease* with 5% increase every 5 years during the preliminary term and each option, and an estimated delivery date of May 2026. This Dollar General is ideally located at the entrance of the newly developed master-planned Fairway Downs subdivision (120+ lots) across from the San Angelo Country Club. San Angelo serves as the regional center for a 13 county region, and its economy is anchored by Goodfellow Air Force Base, Angelo State University, and a robust healthcare sector, ensuring a stable and growing consumer base. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. (Sources: Google Gemini, FRED, Realtor.com)

*Landlord has maintenance responsibilities for an Easement Area per a Lease Modification Agreement

The Subject Property is strategically positioned at the entrance of the newly developed Fairway Downs subdivision (120+ lots) and across from San Angelo Country Club. The San Angelo Dollar General is situated along a primary connector road, Country Club Road, for established residential communities, providing an essential "stop-on-the-way-home" destination for household staples. San Angelo serves as the economic hub for a 13-county region. Its economy is anchored by Goodfellow Air Force Base, Angelo State University, and Shannon Medical Center.San Angelo is the county seat of Tom Green County, which consistently maintains an unemployment rate well below national volatility, providing a resilient consumer base for daily-needs retail. The county is currently transitioning into a high-tech industrial hub, with recent investments bringing hundreds of millions in capital investment and high-wage tech jobs to the immediate area. In addition, recent economic reports show a significant surge in manufacturing tax revenue (up 16.9% year-over-year in late 2025/early 2026), signaling increased industrial productivity and a strengthening local economy.Tom Green County has historically the "Wool and Mohair Capital of the World," and the county remains a global leader in livestock and agricultural processing, providing a steady "legacy economy" that survives shifting market cycles.

(Source: Google Gemini, FRED, Wikipedia, Midland Reporter, Angelo State University)

Listing Contacts

ER
MS 19734
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC

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Loan Amount
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Annual Cash Flow
$150,000.00
$12,500.00/mo

Valuation Metrics

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DSCR
5.75%
Cap Rate
5.75%
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