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New Dollar General NNN Development
For Sale
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1904 Plum Grove Rd, Cleveland, TX 77327

Brand new Dollar General development offered with a 15-year NNN lease.

Property SizeContact for details
Days on Market135

Property Features for 1904 Plum Grove Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 6.5%
Listing Agency: Trinity Real Estate Investment Services
Listed By: Chance Hales · License #597585
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 10:23AM

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.

The subject property is a brand new Dollar General development configured as a retail store and offered for sale on a triple-net (NNN) basis. The property features a 15-year NNN lease with rent set to commence in May 2019.

Located along FM 1010 in Cleveland, Texas, the site is positioned for retail access from the main corridor.

This offering is presented for investors or buyers seeking an NNN retail asset with an established long-term lease term.

Key Highlights

  • Brand new Dollar General development in Cleveland, Texas.
  • 15‑year NNN lease with rent scheduled to commence in May 2019.
  • Located along FM 1010 in Cleveland, Texas.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Plumbing Service Locksmith Computer & Electronic Repair

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

164
Businesses Nearby

Demographics for 77327, TX

32,269
Population
12,967
Households
2.5
Avg Household Size
33
Median Age
10%
College-Educated
75%
High-School Grad
339.1 sq mi
ZIP Area
95
Density / Sq Mi
$57,538
Median Household Income
$39,382
Median Earnings
$1,001
Median Rent
$144,100
Median Home Value

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?
Retail space - Brand new Dollar General development offered with a 15-year NNN lease.
Where is this retail space located?
The property is located at 1904 Plum Grove Rd Cleveland, TX.
What are key features of this property?
This property features: Brand new Dollar General development in Cleveland, Texas.; 15‑year NNN lease with rent scheduled to commence in May 2019.; Located along FM 1010 in Cleveland, Texas.
(325) 864-9775 Call to check price and availability
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