619 W Corsicana St Athens, TX
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NNN leased Dollar General with corporate guaranty in Athens, Texas.
Type:RETAIL
Property size:
12,480 SFLot size:
0.94 AcresPrice / SF:
$150/SF- Added:
- Jul 14, 2025
- Days on Market:
- 287
- Last Refresh:
- Apr 5 at 9:38 pm
Property Features for 619 W Corsicana St
General Information
- Standard status
- Active
- Size
- 12,480 SF
- Lot size
- 0.94 Acres
- Property subtype
- RETAIL
Listing agent Eric Carlton (949) 903-3399
Listing office Colliers (949) 903-3399
Listing date Jul 14, 2025
Source Moodyscre
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 Colliers
Overview
Dollar General Investment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Western Union
Bank
Redbox
Cinema
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
Nearby Similar for Sale
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.
