Dollar General Net-Leased
For Sale
Contact for pricing
Pending
15560 W State Hwy 29, Liberty Hill, TX 78642
9,014 SF net-leased asset in Liberty Hill, TX.
Property Size9,014 SF
Lot Size1.13 Acres
Days on Market104
Property Features for 15560 W State Hwy 29
General Information
Standard status
Pending
Size
9,014 SF
Lot size
1.13 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Building Details
Year Built
2004
Tenancy
Single
Listing Agency:
Marcus & Millichap - Austin
(512) 338-7833
Listed By:
Joseph Blanga · License #736919
Source:
Crexi
Added: May 19
Changed: Aug 22
Last Checked: Aug 29 at 3:42AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78642, TX
20,385
Population
8,399
Households
2.4
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
111.1 sq mi
ZIP Area
183
Density / Sq Mi
$128,086
Median Household Income
$58,118
Median Earnings
$1,475
Median Rent
$486,800
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?
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).
