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3225 W Fuqua St Houston, TX 77045

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For Sale
$1,969,459

New construction Dollar General NNN property for sale in Houston.

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Listing Contact
Dominic Shamany
Dominic Shamany
Source: Legacycrea

Listing Agency: Legacy Real Estate Advisors Listing Agent: Dominic Shamany

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

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Overview

New Houston Dollar General Property

This is a new construction, single-tenant, free-standing Dollar General property located in Houston, TX. The property features a new, long-term NNN lease structure, meaning zero landlord responsibilities. The location is within the Houston MSA, ranked number 5 in the USA. The surrounding area has dense demographics, with over 12,000 residents within a 1-mile radius and over 84,000 residents within a 3-mile radius. Daytime employees exceed 15,000 within 3 miles. The population is projected to grow by +4.52% in the next 5 years within a 1-mile radius. The property is strategically situated directly along W Fuqua St, which experiences over 26,000 vehicles passing daily. Dollar General has had 33 consecutive quarters of same-store sales growth, with 2021 revenues topping $34 billion and $2.4 billion in net income. Dollar General holds an investment-grade credit rating of "BBB" with S&P and a positive/stable outlook. The store count increases year over year, further strengthening the corporate guaranty.
Location Intelligence

Current Use by Public Records

Western Union Bank Dollar General Discount Store

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel

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

Similar Places Nearby

Pyburns Farm Fresh Foods, Buffalo Sunny's Food Store

Location Insight

  • Map
  • Local Demand
City
Houston
County
Fort Bend
State
Texas
Longitude
-95.371905
Latitude
29.613381

FAQs

What type of property is this?
Grocery and convenience store - New construction Dollar General NNN property for sale in Houston.
Where is this grocery and convenience store located?
The property is located at 3225 W Fuqua St Houston, TX.
What is the asking price?
The asking price for this property is $1,969,459.
What are key features of this property?
This property features: - New construction single tenant Dollar General with a new NNN long term lease.; - Located in Houston, TX - a Top 10 MSA.; - Investment grade credit rating of "BBB" (S&P).
More about this property
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