For Sale
$2,413,154

2970 West Roundbunch RoadOrange, TX 77630

12,480 SF Retail Building in Orange, TX 77630

Overview

Added:
Jan 22
Days on market:
74
The subject property is a newly constructed freestanding Dollar General Market located in Orange (Beaumont-Port Arthur MSA), TX. The new 15-year absolute NNN lease includes rare 5% rental increases every 5-years in the primary lease term and in the (5) five-year option periods. The lease is corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant, rated BBB by Standard & Poor's.
This location benefits from its excellent visibility and frontage on the hard corner of West Roundbunch Road and Turner Road, major thoroughfares through Orange, TX, which combined boasts over 15,000 vehicles per day. The 5-mile average household income exceeds $133,998 with an expected growth of 2.10% over the next 5 years. This Dollar General is located only 1.5 miles to a new construction Entergy Texas Sabine Power Plant, which will provide over $1.8B in economic activity and create over 7,000 jobs to the county. This site is 3 miles to downtown Bridge City, TX, 10 miles from downtown Orange, TX, 14 miles from downtown Port Arthur, TX, and only 23 miles from downtown Beaumont, TX. This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment with zero landlord responsibility.

Highlights

  • Brand New 2024 High-Quality Construction New 15-Year Absolute NNN Lease w/ Rare 5% Rent Increases Every 5-Years in Primary Term & Options (Zero LL Responsibilities) Dollar General (NYSE: DG) Corporate Guarantee (Investment Grade Credit – S&P Rated BBB) Excellent Visibility & Access on West Roundbunch Road & Turner Road with Traffic Counts Exceeding 15,000 Vehicles Per Day Average Household Income Exceeds $133,000 (5-Mile Radius) Located Only 1.5 Miles to a New Construction Entergy Texas Sabine Power Plant (Which Will Provide Over $1.8B in Economic Activity and Create Over 7,000 Jobs to the County)

Property Details for 2970 West Roundbunch Road

Property type
Retail properties
Square Feet
12,480 SF
Price / Square Foot
$193.36
Class
B
Year Built
2024
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
12,480 SF
Lot Size (sq. ft)
130,680 SF
Net Operating Income
$156,855

Location Insight

City
Orange
County
State
Texas

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2970 West Roundbunch Road
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