Grocery-Anchor NNN Retail
For Sale
Contact for pricing
400 S Patrick St, Dublin, TX 76446
Fully reconstructed Dollar General property with an 18.75-year initial lease and corporate guaranty under an NNN structure.
Property SizeContact for details
Days on Market121
Property Features for 400 S Patrick St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Matthews
Listed By:
Brett Baumgartner · License #TX 701324
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:05AM
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 Matthews
Investment Insights
Based on property information with market context.
The subject property was fully reconstructed for Dollar General in 2022. The ownership is structured as an NNN lease with a 15-year initial term and approximately 18.75 years remaining. Lease terms include an NN+ structure with minimal landlord responsibilities, with the landlord responsible for roof and structure while the tenant is responsible for taxes, insurance, CAM, and HVAC repairs and replacement.
The lease includes three, five-year renewal periods with 10% rent increases. Dollar General is corporately guaranteed by Dollar General Corporation. The property benefits from a local retail mix that includes tenants such as Sonic, Golden Chick, AutoZone, Dairy Queen, Tractor Supply, McDonald’s, Walgreens, and Arby’s.
Dollar General is a publicly traded Fortune 500 company (NYSE: DG) with an S&P investment grade credit rating of BBB, operating for 80 years and currently over 18,000 locations, expanding by approximately 1,000 stores per year.
The lease includes three, five-year renewal periods with 10% rent increases. Dollar General is corporately guaranteed by Dollar General Corporation. The property benefits from a local retail mix that includes tenants such as Sonic, Golden Chick, AutoZone, Dairy Queen, Tractor Supply, McDonald’s, Walgreens, and Arby’s.
Dollar General is a publicly traded Fortune 500 company (NYSE: DG) with an S&P investment grade credit rating of BBB, operating for 80 years and currently over 18,000 locations, expanding by approximately 1,000 stores per year.
Key Highlights
- Fully reconstructed Dollar General property in 2022.
- Initial lease with 18.75 years remaining on a 15‑year lease structure.
- NNN lease structure: tenant pays taxes, insurance, CAM, and HVAC repairs/replacement.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Home Improvements & Furnishings 21%
Dollar General
Shops & Services
4,177 visits/mo
0.1 miles
Higginbotham Bartlett
Home Improvements & Furnishings
1,867 visits/mo
0.1 miles
Family Dollar
Shops & Services
1,860 visits/mo
0.2 miles
One Stop
Shops & Services
1,078 visits/mo
0.4 miles
Demographics for 76446, TX
8,534
Population
3,591
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
73%
High-School Grad
413.3 sq mi
ZIP Area
21
Density / Sq Mi
$63,225
Median Household Income
$37,259
Median Earnings
$1,039
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Fully reconstructed Dollar General property with an 18.75-year initial lease and corporate guaranty under an NNN structure.
Where is this nnn property located?
The property is located at 400 S Patrick St Dublin, TX.
What are key features of this property?
This property features: Fully reconstructed Dollar General property in 2022.; Initial lease with 18.75 years remaining on a 15‑year lease structure.; NNN lease structure: tenant pays taxes, insurance, CAM, and HVAC repairs/replacement.
