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    New Dollar General Development Title is generated by Realmo AI

    15995 Alameda, Fabens, TX

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    New Dollar General Market with 15-year absolute NNN lease.

    Type:RETAIL
    Property size:
    12,774 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $209/SF
    Added:
    Jul 4, 2024
    Days on Market:
    706
    Last Refresh:
    May 20 at 9:24 pm

    Property Features for 15995 Alameda

    General Information

    Standard status
    Active
    Size
    12,774 SF
    Lot size
    0.75 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Cody Crist

    Listing agent Chance Hales License #TX 697980

    Listing office Trinity Real Estate Investment Services - Corporate

    Listing date Jul 4, 2024

    Source Moodyscre

    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 - Corporate

    HighLights

    • 15‑year absolute NNN lease for a hands‑off investment
    • Attractive 5% rental increases every 5 years
    • Corporately guaranteed lease by Dollar General, a major national corporation
    • Strategically situated along Alameda Ave (FM 793) with high visibility, seeing almost 10,000 vehicles per day
    • Healthy 5‑mile demographic with over 9,000 residents
    • New 2024 development

    Overview

    This property features a Dollar General Market under development in 2024, accompanied by a 15-year absolute NNN lease. The lease includes attractive 5% rental increases every 5 years throughout the primary term and option periods. The property is strategically located along Alameda Ave (FM 793), which generates almost 10,000 vehicles per day in front of the location. The lease is corporately guaranteed by Dollar General, which operates over 20,000 stores nationwide. The surrounding area has a healthy 5-mile demographic for a Dollar Store, with over 9,000 residents. The subject property is less than half a mile from Fabens Airport and is located 28 miles from downtown El Paso, the most populous city in West Texas. The property size is 12,774 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Fabens
    County
    El Paso
    State
    Texas
    Longitude
    -106.169
    Latitude
    31.5146

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    FAQs

    What type of property is this?
    Grocery and convenience store - New Dollar General Market with 15-year absolute NNN lease.
    Where is this grocery and convenience store located?
    The property is located at 15995 Alameda Fabens, TX.
    What is the asking price?
    The asking price for this property is $2,679,615.
    What are key features of this property?
    This property features: 15‑year absolute NNN lease for a hands‑off investment; Attractive 5% rental increases every 5 years; Corporately guaranteed lease by Dollar General, a major national corporation
    (817) 304-8916 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Cody Crist
    Real Estate License ID: TX 697980
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