Freestanding Dollar General
For Sale
Contact for pricing
13379 Old Hwy 62, Orange, TX 77632
Newly constructed freestanding Dollar General with an absolute NNN structure and corporate guarantee from an investment-grade tenant.
Property SizeContact for details
Days on Market120
Property Features for 13379 Old Hwy 62
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
16,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Wertz Real Estate Investment
(619) 218-6427
Listed By:
John Wertz · License #CA 01448585
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 2:38AM
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 Wertz Real Estate Investment
Investment Insights
Based on property information with market context.
The subject property is a newly constructed, freestanding Dollar General. The investment is under a 15-year absolute NNN lease structure with rental increases of 10% every five years in the (4) five-year option periods. The lease is corporately guaranteed by Dollar General (NYSE: DG), rated BBB by Standard & Poor’s.
The property is located with excellent visibility and frontage on Highway 62 North, a major thoroughfare through Orange, TX with over 16,000 vehicles per day. The site is adjacent to Orange County Airport and is approximately 6 miles from downtown Orange, 15 miles to downtown Port Arthur, and 25 miles to downtown Beaumont.
This offering is presented as a stable, long-term, corporately guaranteed investment with no landlord responsibility.
The property is located with excellent visibility and frontage on Highway 62 North, a major thoroughfare through Orange, TX with over 16,000 vehicles per day. The site is adjacent to Orange County Airport and is approximately 6 miles from downtown Orange, 15 miles to downtown Port Arthur, and 25 miles to downtown Beaumont.
This offering is presented as a stable, long-term, corporately guaranteed investment with no landlord responsibility.
Key Highlights
- Newly constructed freestanding Dollar General with an absolute NNN lease structure
- 15‑year absolute NNN lease with 10% rental increases every 5 years during the (4) five‑year option periods
- Corporately guaranteed by Dollar General (NYSE: DG), rated BBB by Standard & Poor’s
Property Analytics
Current Use
Lease Details
16,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 77632, TX
22,487
Population
9,568
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
130.5 sq mi
ZIP Area
172
Density / Sq Mi
$82,828
Median Household Income
$50,807
Median Earnings
$1,037
Median Rent
$184,700
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?
Retail space - Newly constructed freestanding Dollar General with an absolute NNN structure and corporate guarantee from an investment-grade tenant.
Where is this retail space located?
The property is located at 13379 Old Hwy 62 Orange, TX.
What are key features of this property?
This property features: Newly constructed freestanding Dollar General with an absolute NNN lease structure; 15‑year absolute NNN lease with 10% rental increases every 5 years during the (4) five‑year option periods; Corporately guaranteed by Dollar General (NYSE: DG), rated BBB by Standard & Poor’s
