For Sale
$385,000

1001 Dickinson BlvdFort Stockton, TX 79735

Dollar General, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional retail investment opportunity presents a 9,249-square-foot Dollar General store situated on a 0.7-acre lot at 1001 W Dickinson Blvd, Fort Stockton, TX 79735. Built in 1994, this single-story, Class C building boasts a corporate-guaranteed, single-tenant lease with Dollar General, a nationally recognized brand. The property benefits from a high-traffic location on Dickinson Boulevard, experiencing over 14,000 vehicles per day, providing excellent visibility and accessibility via US Hwy 285. Strategically located between Fort Stockton High School and Fort Stockton Intermediate School, it serves a local population exceeding 10,000 within a 3-mile radius. Currently leased for 30 years, the property offers significant value-add potential due to below-market rent ($3.88 per square foot gross) and a 10% rent increase option following the base term. The asking price is $385,000 ($42 per square foot), a rare opportunity for a single-tenant Texas investment property with this potential. The property is zoned F1 and is adjacent to several national and regional credit tenants. This is a strong investment with a stable, long-term tenant and potential for future growth.

Highlights

  • Significant value-add opportunity through potential re-tenanting due to below-market rent.
  • Excellent location adjacent to multiple national and regional credit tenants.
  • Centrally located between Fort Stockton High School and Fort Stockton Intermediate School.
  • Strong local population base exceeding 10,000 within a 3-mile radius.
  • Exceptional value: One of Texas' lowest-rent Dollar Generals at $3.88/SF gross.
  • Long-term tenant with a 30-year lease history.

Property Details for 1001 Dickinson Blvd

Property type
Retail properties, Retail space
Square Feet
9,249 SF
Class
C
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
30,492 SF
Units
1

Location Insight

City
Fort Stockton
County
Pecos
State
Texas
Latitude
30.8933109
Longitude
-102.8892879
1001 Dickinson Blvd, Fort Stockton, Texas

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1001 Dickinson Blvd
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