For Sale
$2,440,525

0 Tbd Huntsville TxHuntsville, TX 77320

High-yield retail investment, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,640-square-foot Dollar General store in Huntsville, Texas (zip code 77320). Located on approximately 1.85 acres, this single-tenant property boasts a 15-year absolute NNN lease commencing February 9, 2025, and expiring January 30, 2040, offering a substantial remaining lease term of 15.2 years. The lease includes five, 5-year renewal options, each with a 5% rent increase. The current asking price is $2,440,525, translating to a price per square foot of $229.37 and a compelling 6.50% cap rate based on a net operating income (NOI) of $158,634. The property benefits from a 100% occupancy rate and a strong corporate guarantee from Dollar General Corporation, a credit-rated entity with an S&P rating of BBB and over 20,000 locations. Built in 2025, this strategically located property enjoys excellent visibility along US Highway 190, with over 10,000 vehicles passing daily, and easy access from State Highway 19, which sees over 16,800 vehicles per day. Huntsville's rapidly growing population (over 49,000 within a 5-mile radius) and the presence of Sam Houston State University (over 20,000 students) contribute to a robust and stable market. The 5% rent bumps every five years provide built-in growth potential for this secure, long-term investment.

Highlights

  • Brand new 10,640 SF Dollar General in Huntsville, TX (77320), opening February 2025.
  • 15-year absolute NNN lease with zero landlord responsibilities; five 5-year renewal options with 5% rent increases.
  • 5% rent increases every 5 years throughout the lease term.
  • Strong population growth: 49,000+ residents within a 5-mile radius.
  • High visibility on US Hwy 190 (10,000+ VPD) and easy access from State Hwy 19 (16,800+ VPD).
  • Located in Huntsville, near Sam Houston State University (20,000+ students).

Property Details for 0 Tbd Huntsville Tx

Property type
Specialty properties, Retail properties
Square Feet
10,640 SF
Year Built
2025
Buildings
1
Lot Size (sq. ft)
80,586 SF
Units
1

Location Insight

City
Huntsville
County
Walker
State
Texas
Latitude
30.719751286607
Longitude
-95.531848242637
Tbd Huntsville Tx, Huntsville, Texas

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0 Tbd Huntsville Tx
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