Dollar General | Houston TX MSA | Abs NNN
DG PLUS Prototype | $93,153 Avg HH Income
Marketing description
This property is a 2016 build-to-suit construction for Dollar General featuring the larger 10,640 SF Dollar General PLUS prototype. It offers an Absolute NNN lease structure with zero landlord responsibilities and is corporately guaranteed by Dollar General Corporation. The lease includes 10% rent increases in each of the Three, 5-Year renewal periods. The property is situated on a large 2.20 Acre lot with average household income of $93,153 annually.
Located approximately 70 miles northeast of Houston, the property is part of the broader Houston regional trade area. The store is located just West of Lake Livingston, one of the largest lakes in Texas and a major recreation destination. The property benefits from its gateway location serving Lake Livingston tourism and a growing regional population in the Houston MSA.
Investment highlights
- 2016 build-to-suit construction for Dollar General
- Larger 10,640 SF Dollar General PLUS prototype
- Absolute NNN lease structure with zero landlord responsibilities
- Corporately guaranteed lease from Dollar General Corporation
- 10% rent increases in each of the Three, 5-Year renewal periods
- Average household income of $93,153 annually
- Large 2.20 Acre lot
- Approximately 70 miles northeast of Houston, part of the broader Houston regional trade area
- The store is located just West of Lake Livingston, one of the largest lakes in Texas and a major recreation destination
- Leased to Dollar General Corporation, rated BBB by S&P (investment-grade)
- National retailer with over 21,000 locations and active growth strategy
- Designated essential business, demonstrating operational resilience and profitability during and beyond the COVID-19 period
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
