Dollar General Absolute NNN
For Sale
Contact for pricing
Pending
4006 Highway 6, Hitchcock, TX 77563
Brand new Dollar General on an absolute NNN lease with a 15-year primary term and rent starting in October.
Property SizeContact for details
Days on Market149
Property Features for 4006 Highway 6
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Trinity Real Estate Investment Services
Listed By:
Branson Blackburn · License #TX 611825
(325) 864-9775
Source:
Crexi
Added: Apr 10
Changed: Sep 2
Last Checked: Sep 1 at 9:40PM
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
Investment Insights
Based on property information with market context.
This brand new Dollar General development is offered for sale on an absolute NNN lease. The lease features a 15-year primary term, with 10% rental increases at each of its (5) five-year option periods. Rent is scheduled to begin in October, with delivery noted as 9/1/2016.
The property is located along Highway 6 in Hitchcock, Texas. Public remarks state the area is approximately 30 minutes from the suburbs of Houston and has a population over 7,300. Highway 6 is described as carrying an average daily traffic count of 15,000–20,000 vehicles, with Highway 6 intersecting I-45 (65,000 vehicles per day) about 1 mile east of the subject property.
Additional investment highlights provided include a 1-mile HH income exceeding $81,000 and a 5-mile population of 42,000+.
The property is located along Highway 6 in Hitchcock, Texas. Public remarks state the area is approximately 30 minutes from the suburbs of Houston and has a population over 7,300. Highway 6 is described as carrying an average daily traffic count of 15,000–20,000 vehicles, with Highway 6 intersecting I-45 (65,000 vehicles per day) about 1 mile east of the subject property.
Additional investment highlights provided include a 1-mile HH income exceeding $81,000 and a 5-mile population of 42,000+.
Key Highlights
- Brand new Dollar General on an absolute NNN lease with a 15‑year primary term
- Rent begins in October; includes 10% rental increases at each 5‑year option period
- Deliverable 9/1/2016 for new development
Property Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,471 visits/mo
0.0 miles
Demographics for 77563, TX
9,778
Population
4,769
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
44.2 sq mi
ZIP Area
221
Density / Sq Mi
$80,199
Median Household Income
$50,307
Median Earnings
$1,405
Median Rent
$198,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Brand new Dollar General on an absolute NNN lease with a 15-year primary term and rent starting in October.
Where is this nnn property located?
The property is located at 4006 Highway 6 Hitchcock, TX.
What are key features of this property?
This property features: Brand new Dollar General on an absolute NNN lease with a 15‑year primary term; Rent begins in October; includes 10% rental increases at each 5‑year option period; Deliverable 9/1/2016 for new development
