Building Details

Tenancy Single

Listing Agency: Marcus & Millichap - Los Angeles a***@marcusmillichap.com Show Phone

Listed By: Ara Rostamian · License #CA 01814678

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:09AM

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Investment Insights

Based on property information with market context.

This single-tenant Dollar General property is located at 1100 S Main St in Stinnett, Texas. The asset is subject to an absolute NNN lease, with the tenant responsible for property-level obligations under the lease structure. The agreement has 9 years remaining and includes three (5) year options with 10% increases every 5 years during the option periods.

Dollar General provides a corporate lease guarantee and operates from the property as a necessity-based retailer. The site is positioned off Highway 135 and is adjacent to West Texas Elementary School, Dairy Queen, First Baptist Church, and Desert Dove Hacienda RV Park & Cabins. Customer access is supported by the property's placement within Stinnett, a neighboring town to Amarillo.

Key Highlights

• Absolute NNN lease with 9 years remaining
• Three (5) year options included in the lease
• 10% increases every 5 years throughout the option periods

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Redbox Cinema Western Union Bank FedEx OnSite Postal Service Mitchell Theatres Cinema

Suggested Use

Top Pick HVAC Service Electrical Service Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

8k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Allsups Shops & Services

7,599 visits/mo 0.1 miles

Demographics for 79083, TX

2,321

Population

1,128

Households

2.1

Avg Household Size

41

Median Age

15%

College-Educated

96%

High-School Grad

340.6 sq mi

ZIP Area

7

Density / Sq Mi

$58,125

Median Household Income

$37,019

Median Earnings

$875

Median Rent

$98,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

1031 exchange property - Single-tenant Dollar General store with an absolute NNN lease and nine years remaining.

Where is this 1031 exchange property located?

The property is located at 1100 S Main St Stinnett, TX.

What are key features of this property?

This property features: Absolute NNN lease with 9 years remaining; Three (5) year options included in the lease; 10% increases every 5 years throughout the option periods