New Development Dollar General
17719 Primera Rd Harlingen, TX
For Sale
Contact for pricing
New Texas Dollar General store with strong demographics.
Property Size12,480 SF
Lot Size18.35 Acres
Price / SF$141.80
Days on Market783
Property Features for 17719 Primera Rd
General Information
- Standard status
- Active
- Size
- 12,480 SF
- Lot size
- 18.35 Acres
- Property subtype
- RETAIL
Listing Agency:
Trinity Real Estate Investment Services - Corporate
(817) 584-2000
Listed By:
Chance Hales · License #697980
(806) 679-9776
Source:
Moodyscre
Added: Jun 3, 2024
Changed: Jul 6
Last Checked: Jul 21 at 5:34AM
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 new development features a Dollar General "Market" concept store, utilizing a larger 12,480-square-foot prototype. The absolute NNN lease structure requires zero landlord responsibilities. The property benefits from a location with strong demographics, with over 80,000 residents within a 5-mile radius. It also features strong traffic generators and faces large residential neighborhoods.
Key Highlights
- 7% cap new development Dollar General
- Absolute NNN lease requiring zero landlord responsibilities
- DG “Market” concept – larger 12,480 square foot prototype
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $179.7k | $14.40 |
| − Vacancy | −$10.1k | −$0.81 |
| EGI | $169.6k | $13.59 |
| − OpEx | −$42.4k | −$3.40 |
| NOI | $127.2k | $10.20 |
12,480 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.82M
$1.59M – $2.12M
NOI $127,236 @ 7.0% cap · market cap 7.19%
Second Best
Retail
$1.70M
$1.48M – $1.98M
NOI $118,754 @ 7.0% cap · market cap 6.71%
Theoretical Best
Healthcare Medical
$2.15M
$1.88M – $2.51M
NOI $150,419 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
dg market
Grocery & Convenience Store
FAQs
What type of property is this?
Grocery and convenience store - New Texas Dollar General store with strong demographics.
Where is this grocery and convenience store located?
The property is located at 17719 Primera Rd Harlingen, TX.
What is the asking price?
The asking price for this property is $1,769,653.
What are key features of this property?
This property features: 7% cap new development Dollar General; Absolute NNN lease requiring zero landlord responsibilities; DG “Market” concept – larger 12,480 square foot prototype
