Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    15995 Alameda Fabens, TX 79838

    For Sale
    $2,679,615

    New Dollar General Market with 15-year absolute NNN lease.

    Property size:
    12,774 SF
    Lot size:
    0.75 Acres

    Property Features for 15995 Alameda

    General Information

    Size
    12,774 SF
    Lot size
    0.75 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Cody Crist

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

    Overview

    New Dollar General Development

    This property features a Dollar General Market under development in 2024, accompanied by a 15-year absolute NNN lease. The lease includes attractive 5% rental increases every 5 years throughout the primary term and option periods. The property is strategically located along Alameda Ave (FM 793), which generates almost 10,000 vehicles per day in front of the location. The lease is corporately guaranteed by Dollar General, which operates over 20,000 stores nationwide. The surrounding area has a healthy 5-mile demographic for a Dollar Store, with over 9,000 residents. The subject property is less than half a mile from Fabens Airport and is located 28 miles from downtown El Paso, the most populous city in West Texas. The property size is 12,774 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Fabens
    County
    El Paso
    State
    Texas
    Longitude
    -106.169137
    Latitude
    31.51458

    Nearby Similar for Sale

    • $325,000
      3,737 SF

      Income-Generating Fabens Multifamily Property

      Four-unit property with land, income potential, and space.
      15368 Hwy, Fabens, TX 79838
      View Details
    • $195,000
      3,540 SF

      Fabens Quadruplex Investment Opportunity

      Quadruplex in Fabens, TX with immediate income potential.
      218 NW I Ave, Fabens, TX 79838
      View Details
    • $130,000
      6.50 Acres

      Profitable Farm Near Interstate 10

      6.5-acre farm near I-10 with water rights and alfalfa production.
      1 Rd Bell's, Fabens, TX 79838
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - New Dollar General Market with 15-year absolute NNN lease.
    Where is this grocery and convenience store located?
    The property is located at 15995 Alameda Fabens, TX.
    What is the asking price?
    The asking price for this property is $2,679,615.
    What are key features of this property?
    This property features: - 15-year absolute NNN lease for a hands-off investment; - Attractive 5% rental increases every 5 years; - Corporately guaranteed lease by Dollar General, a major national corporation
    (817) 304-8916
    Request Owner's contact information
    15995 Alameda Fabens, TX 79838
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15995 Alameda
    Fabens, TX 79838
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    15995 Alameda Fabens, TX 79838
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.