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Dollar General NNN Investment Property
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1003 E Milam St, Mexia, TX

NNN Dollar General in Mexia, TX with 4+ years remaining.

Property Size13,750 SF
Lot Size1.13 Acres
Price / SF$53.46
Days on Market490

Property Features for 1003 E Milam St

General Information

Standard status Active
Size 13,750 SF
Lot size 1.13 Acres
Property subtype RETAIL
Listing Agency: Trinity Real Estate Investment Services - Corporate
Listed By: Cody Crist · License #697980
Source: Moodyscre
Added: May 6, 2025 Changed: Aug 13 Last Checked: Sep 6 at 11:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate

Investment Insights

Based on property information with market context.

This NNN lease Dollar General property is located in Mexia, TX, with over 4 years remaining on the current term. The building encompasses 13,750 square feet and is priced at $53 per square foot. The tenant, Dollar General, pays $4.28 per square foot in rent. The property is situated in a dense retail corridor, near Walmart, Tractor Supply Co., CVS, and McDonald's, all within 2 miles. Its strategic location near apartments and schools attracts increased traffic. The property offers easy access to US-84, which has combined traffic counts exceeding 16,000 vehicles per day. The lease is corporately guaranteed by Dollar General Corporation, an investment-grade tenant with an S&P credit rating of BBB.

Key Highlights

  • Corporately guaranteed by Dollar General Corporation, an investment grade tenant with an S&P credit rating of BBB.
  • NN Lease Dollar General with 4+ years remaining on current term.
  • 13,750 SQ Foot Building Priced at $53/PSF** - Well Below Replacement Cost.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby
164k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 25% Groceries 18% Home Improvements & Furnishings 7%
H-E-B Groceries
29,286 visits/mo 0.3 miles
McDonald's Dining
20,222 visits/mo 0.1 miles
Whataburger Dining
16,152 visits/mo 0.2 miles
H-E-B Fuel Shops & Services
13,191 visits/mo 0.3 miles
Starbucks Dining
11,657 visits/mo 0.3 miles

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?
Grocery and convenience store - NNN Dollar General in Mexia, TX with 4+ years remaining.
Where is this grocery and convenience store located?
The property is located at 1003 E Milam St Mexia, TX.
What is the asking price?
The asking price for this property is $735,060.
What are key features of this property?
This property features: Corporately guaranteed by Dollar General Corporation, an investment grade tenant with an S&P credit rating of BBB.; NN Lease Dollar General with 4+ years remaining on current term.; 13,750 SQ Foot Building Priced at $53/PSF** - Well Below Replacement Cost.
(817) 584-2000 Call to check price and availability
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