619 W Corsicana St, Athens, TX

Listing agent Eric Carlton License #01809955 Show Phone

Listing office Colliers Show Phone

Listing date Jul 14, 2025

Source Moodyscre

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Overview

This property presents an investment opportunity with a Dollar General Corp. (NYSE: DG) location. Dollar General is rated "BBB" by Standard & Poor’s and has been operational for over 85 years with over 20,000 stores. The company reports a net income of approximately $1.12 billion and over $30.9 billion in total assets. The property is an ideal 1031 exchange asset, offering ease of management. The lease is an absolute NNN lease with zero landlord responsibilities and a corporate guaranty. Approximately 2.7+ years remain on the lease, providing secure cash flow. The lease includes 3 - 5 year option periods, with 10% increases every option period. Situated on a large 1.12 acre lot in Texas, a tax-free state with high growth and demand, the property benefits from a diversified economic base including tourism, finance, retail, services, and healthcare.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Super Mercado Del Norte — 531 W Tyler St, Athens, TX 75751

Location Insight

• Map
• Local Demand

City

Athens

County

Henderson

State

Texas

Longitude

-95.8475

Latitude

32.2043

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FAQs

What type of property is this?

Grocery and convenience store - NNN leased Dollar General with corporate guaranty in Athens, Texas.

Where is this grocery and convenience store located?

The property is located at 619 W Corsicana St Athens, TX.

What is the asking price?

The asking price for this property is $1,880,000.

What are key features of this property?

This property features: Corporate guaranty with absolute NNN lease ensuring zero landlord responsibilities.; Investment grade tenant (Dollar General Corp. - Rated “BBB” by Standard & Poor’s).; Ideal 1031 exchange asset offering ease of management.