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    619 W Corsicana St Athens, TX 75751

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    For Sale
    $1,880,000

    NNN leased Dollar General with corporate guaranty in Athens, Texas.

    Property size:
    12,480 SF
    Lot size:
    0.94 Acres

    Property Features for 619 W Corsicana St

    General Information

    Size
    12,480 SF
    Lot size
    0.94 Acres

    Source: Colliers Agent Eric Carlton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dollar General Investment Opportunity

    This property presents an investment opportunity with a Dollar General Corp. (NYSE: DG) location. Dollar General is rated "BBB" by Standard & Poor’s and has been operational for over 85 years with over 20,000 stores. The company reports a net income of approximately $1.12 billion and over $30.9 billion in total assets. The property is an ideal 1031 exchange asset, offering ease of management. The lease is an absolute NNN lease with zero landlord responsibilities and a corporate guaranty. Approximately 2.7+ years remain on the lease, providing secure cash flow. The lease includes 3 - 5 year option periods, with 10% increases every option period. Situated on a large 1.12 acre lot in Texas, a tax-free state with high growth and demand, the property benefits from a diversified economic base including tourism, finance, retail, services, and healthcare.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service Redbox Movie Rental Kiosk

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Super Mercado Del Norte

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Henderson
    State
    Texas
    Longitude
    -95.84749
    Latitude
    32.204292

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Dollar General with corporate guaranty in Athens, Texas.
    Where is this grocery and convenience store located?
    The property is located at 619 W Corsicana St Athens, TX.
    What is the asking price?
    The asking price for this property is $1,880,000.
    What are key features of this property?
    This property features: - Corporate guaranty with absolute NNN lease ensuring zero landlord responsibilities.; - Investment grade tenant (Dollar General Corp. - Rated “BBB” by Standard & Poor’s).; - Ideal 1031 exchange asset offering ease of management.
    (949) 903-3399
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    619 W Corsicana St Athens, TX 75751
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    619 W Corsicana St Athens, TX 75751
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