Dollar General Ground
For Sale
Contact for pricing
3353 Clark Blvd, Laredo, TX 78043
Corporate-guaranteed Dollar General location with 5-year extension options and in-place rent well below estimated market.
Property Size8,125 SF
Price / SF$139.45
Days on Market228
Property Features for 3353 Clark Blvd
General Information
Standard status
Active
Size
8,125 SF
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | Fort Lauderdale
(954) 703-3600
Listed By:
Patrick Nutt · License #FL BK3120739
(954) 302-7365
Source:
Moodyscre
Added: Mar 16
Changed: Oct 25
Last Checked: Oct 28 at 10:05AM
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 SRS Real Estate Partners | Fort Lauderdale
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Investment Insights
Based on property information with market context.
This for-sale retail property features a long-term Dollar General operation, having been in place at the location for 20 years. The lease includes three (3) five-year options to extend, and it is corporate guaranteed by Dollar General, Corp. The guarantor is described as investment grade (S&P: BBB).
According to Placer.ai, this location ranks in the top 94th percentile nationally and the 91st percentile within Texas among comparable Dollar General stores. Dollar General is also described as nationally established, with more than 20,580 locations as of May 2025.
The in-place rent is $10 PSF, which is stated to be significantly below an estimated market rent of $23 PSF.
According to Placer.ai, this location ranks in the top 94th percentile nationally and the 91st percentile within Texas among comparable Dollar General stores. Dollar General is also described as nationally established, with more than 20,580 locations as of May 2025.
The in-place rent is $10 PSF, which is stated to be significantly below an estimated market rent of $23 PSF.
Key Highlights
- Dollar General has operated at this location for 20 years
- Lease is corporate guaranteed by Dollar General, Corp. (investment grade, S&P: BBB)
- Includes three (5‑year) lease extension options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,306
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,686,120
$1.7M
Cap Rate 7%
$1,204,371
$1.2M
Cap Rate 9%
$936,733
$936.7K
Market Conditions
NOI Build-Up for 8,125 SF
Gross rent
$131.6K $16.20/SF
− Vacancy
−$11.2K −$1.38/SF
EGI
$120.4K $14.82/SF
− OpEx
−$36.1K −$4.45/SF
NOI
$84.3K $10.38/SF
Area
Laredo, TX
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,686,120
Cap Rate 7%
$1,204,371
Cap Rate 9%
$936,733
Alternative Uses
Best Use
Retail
$1.20M
$1.05M – $1.41M
NOI $84,306 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $140,030 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
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Business Placement
Demographics for 78043, TX
43,473
Population
14,263
Households
3
Avg Household Size
30
Median Age
13%
College-Educated
65%
High-School Grad
177.1 sq mi
ZIP Area
245
Density / Sq Mi
$54,280
Median Household Income
$27,651
Median Earnings
$954
Median Rent
$151,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Corporate-guaranteed Dollar General location with 5-year extension options and in-place rent well below estimated market.
Where is this retail space located?
The property is located at 3353 Clark Blvd Laredo, TX.
What is the asking price?
The asking price for this property is $1,133,000.
What are key features of this property?
This property features: Dollar General has operated at this location for 20 years; Lease is corporate guaranteed by Dollar General, Corp. (investment grade, S&P: BBB); Includes three (5‑year) lease extension options
