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).
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Contacts
Chance Hales
Cody Crist
Eric Kelley
Branson Blackburn
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Tbd Huntsville Tx, Huntsville, Texas, 77320
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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