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Dollar General Net-Leased Asset

15560 W State Hwy 29 Liberty Hill, TX 78642

15560 W State Hwy 29, Liberty Hill, TX, 78642
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9,014 SF net-leased asset in Liberty Hill, TX.

Property Size9,014 SF
Lot Size1.13 Acres
Price / SF$92.74
AddedMay 19
Days on Market58
Last RefreshJun 23 at 6:32 am

Property Features for 15560 W State Hwy 29

General Information

Standard status
Active
Size
9,014 SF
Lot size
1.13 Acres
Property subtype
Retail

Building Details

Year Built
2004

Listing office Marcus & Millichap - Austin

Listing date May 19, 2026

Source Crexi

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 Marcus & Millichap - Austin


Investment Insights

Based on property information with market context.

The Dollar General property, located at 15560 W State Hwy 29, Liberty Hill, TX 78642, is a 9,014 SF net-leased asset constructed in 2004 on 1.13 AC of land. The tenant has occupied the site for over 20 years under a double net lease, which was extended in 2023. The lease includes three, five-year options, with an approximate 8 percent increase in the first option and 10 percent rental increases thereafter. Recent landlord improvements include re-plumbing work completed in 2025 and the installation of LED lighting in 2022. The property benefits from both access via easement and direct frontage on State Highway 29, which sees 30,200 vehicles per day. It is also located approximately 1 mile from Liberty Hill High School and Panther Stadium, with Fortis Academy across State Highway 29. Liberty Hill has experienced significant growth, including a Costco which opened in 2026, a Target expected to open in the summer of 2026, and the planned Ace Square Walmart-anchored retail development. According to Placer.ai, this site ranks in the 92nd percentile nationwide, the 88th percentile within the state of Texas, and the 87th percentile within a 15-mile radius. New residential developments include Stonewall Ranch by Taylor Morrison, Santa Rita Ranch (3,100 AC), and Enclave at Liberty Hill. From 2020 to 2025, the area experienced a 23.3 percent population growth, with an average household income of $159,871 within a 3-mile radius.

Key Highlights

  • Long‑term Dollar General occupancy of over 20 years with a recently extended double net lease in 2023, plus three 5‑year options with significant rent increases.
  • Strategic location with direct frontage on State Highway 29 (30,200 VPD) and high Placer.ai ranking (92nd percentile nationwide).
  • Located in Liberty Hill, TX, an area experiencing tremendous growth, including a 23.3% population increase (2020‑2025) and high average household income ($159,871 within 3 miles).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Redbox Cinema Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Real Estate Agency Parking Lot & Garage Dental Office Big Box & Wholesale Store Garden Center Furniture & Home Goods Auto Parts Store HVAC Service Bakery Computer & Electronic Repair

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

FAQs

What type of property is this?
Grocery and convenience store - 9,014 SF net-leased asset in Liberty Hill, TX.
Where is this grocery and convenience store located?
The property is located at 15560 W State Hwy 29 Liberty Hill, TX.
What is the asking price?
The asking price for this property is $836,000.
What are key features of this property?
This property features: Long‑term Dollar General occupancy of over 20 years with a recently extended double net lease in 2023, plus three 5‑year options with significant rent increases.; Strategic location with direct frontage on State Highway 29 (30,200 VPD) and high Placer.ai ranking (92nd percentile nationwide).; Located in Liberty Hill, TX, an area experiencing tremendous growth, including a 23.3% population increase (2020‑2025) and high average household income ($159,871 within 3 miles).
Contact an agent
(512) 338-7833 Call to check price and availability
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