Dollar General Absolute NNN
4006 Highway 6 Hitchcock, TX 77563
4006 Highway 6, Hitchcock, TX, 77563
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For Sale
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Pending
Brand new Dollar General on an absolute NNN lease with a 15-year primary term and rent starting in October.
Days on Market104
Property Features for 4006 Highway 6
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Trinity Real Estate Investment Services
Listed by
Branson Blackburn · License #TX 611825
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 2:54PM Checked: Jul 21 at 2:54PM
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
Investment Insights
Based on property information with market context.
This brand new Dollar General development is offered for sale on an absolute NNN lease. The lease features a 15-year primary term, with 10% rental increases at each of its (5) five-year option periods. Rent is scheduled to begin in October, with delivery noted as 9/1/2016.
The property is located along Highway 6 in Hitchcock, Texas. Public remarks state the area is approximately 30 minutes from the suburbs of Houston and has a population over 7,300. Highway 6 is described as carrying an average daily traffic count of 15,000–20,000 vehicles, with Highway 6 intersecting I-45 (65,000 vehicles per day) about 1 mile east of the subject property.
Additional investment highlights provided include a 1-mile HH income exceeding $81,000 and a 5-mile population of 42,000+.
The property is located along Highway 6 in Hitchcock, Texas. Public remarks state the area is approximately 30 minutes from the suburbs of Houston and has a population over 7,300. Highway 6 is described as carrying an average daily traffic count of 15,000–20,000 vehicles, with Highway 6 intersecting I-45 (65,000 vehicles per day) about 1 mile east of the subject property.
Additional investment highlights provided include a 1-mile HH income exceeding $81,000 and a 5-mile population of 42,000+.
Key Highlights
- Brand new Dollar General on an absolute NNN lease with a 15‑year primary term
- Rent begins in October; includes 10% rental increases at each 5‑year option period
- Deliverable 9/1/2016 for new development
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Brand new Dollar General on an absolute NNN lease with a 15-year primary term and rent starting in October.
Where is this nnn property located?
The property is located at 4006 Highway 6 Hitchcock, TX.
What are key features of this property?
This property features: Brand new Dollar General on an absolute NNN lease with a 15‑year primary term; Rent begins in October; includes 10% rental increases at each 5‑year option period; Deliverable 9/1/2016 for new development
