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Dollar General NNN Property
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403 E Sherman St, Chico, TX 76431

Single-tenant retail investment with a corporate lease guaranty and investment-grade credit support.

Property SizeContact for details
Days on Market144

Property Features for 403 E Sherman St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Commonwealth Investment Broker
Listed By: Rick A. Patterson · License #CA #00778070
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:52PM

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 Commonwealth Investment Broker

Investment Insights

Based on property information with market context.

This single-tenant retail property is occupied by Dollar General under a lease supported by a corporate guaranty. Dollar General carries an S&P investment-grade credit rating of BBB, providing a defined credit profile for the tenancy.

The property is located at 403 E Sherman St in Chico, Texas, along Hwy. 101. Lake Bridgeport is approximately 9 miles away, while Denton is 41 miles from the property and Fort Worth is 54 miles away. Chico’s 2020 median household income was $57,143, reflecting a 17.6% one-year growth rate.

Key Highlights

  • Dollar General occupancy with a corporate lease guaranty
  • S&P investment‑grade credit rating of BBB
  • Located at 403 E Sherman St, Chico, TX 76431

Property Analytics

Current Use

Don Austin Backflow ... Plumbing Service Western Union Bank Dollar General Discount Store FedEx OnSite Postal Service Redbox Cinema

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Bakery Garden Center Real Estate Agency Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Groceries 19%
Dollar General Shops & Services
5,118 visits/mo 0.1 miles
Phillips 66 Shops & Services
4,159 visits/mo 0.2 miles
Lowe's Market Groceries
2,861 visits/mo 0.3 miles
Allsups Shops & Services
2,737 visits/mo 0.2 miles

Demographics for 76431, TX

3,517
Population
1,698
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
84%
High-School Grad
120.5 sq mi
ZIP Area
29
Density / Sq Mi
$82,971
Median Household Income
$38,949
Median Earnings
$1,094
Median Rent
$186,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant retail investment with a corporate lease guaranty and investment-grade credit support.
Where is this nnn property located?
The property is located at 403 E Sherman St Chico, TX.
What are key features of this property?
This property features: Dollar General occupancy with a corporate lease guaranty; S&P investment‑grade credit rating of BBB; Located at 403 E Sherman St, Chico, TX 76431
More about this property
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