NNN Retail Property with Corner
804 S Slaughter Ave, Sundown, TX 79372
For Lease
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Fee-simple NN lease, minimal landlord responsibilities, and scheduled rent increases define the operating structure.
Space SizeContact for details
Days on Market50
Property Features for 804 S Slaughter Ave
General Information
Standard status
Listing Agency:
Engvest Group - eXp Commercial
Listed By:
Daniel Eng | CCIM · License TX #514529
(469) 916-8888
Source:
Expcommercial
Added: Sep 22
Changed: Sep 28
Last Checked: Nov 10 at 5:01AM
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 Engvest Group - eXp Commercial
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Investment Insights
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This single-tenant retail property is leased under a fee-simple NN structure with approximately 4.5 years remaining in the initial term. Landlord responsibilities are described as minimal, while the lease includes 5% rent increases at each option period, with the next increase scheduled for 2031. Dollar General Corporation provides the corporate guaranty, identified in the source information with an S&P rating of BBB.
The property occupies a hard-corner position with dual access points and reported traffic of more than 3,600 vehicles per day. It is described as the only national retailer and dollar store within a 10-mile radius. The site is adjacent to Sundown High School, City Hall, the U.S. Post Office, and emergency services, placing the store among established civic and community destinations.
The property occupies a hard-corner position with dual access points and reported traffic of more than 3,600 vehicles per day. It is described as the only national retailer and dollar store within a 10-mile radius. The site is adjacent to Sundown High School, City Hall, the U.S. Post Office, and emergency services, placing the store among established civic and community destinations.
Key Highlights
- Fee‑simple NN lease with approximately 4.5 years remaining in the initial term
- 5% rent increases at each option period; next increase scheduled for 2031
- Corporate guaranty from Dollar General Corporation, identified with an S&P rating of BBB
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
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Business Placement
Demographics for 79372, TX
1,247
Population
630
Households
2
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
15.6 sq mi
ZIP Area
80
Density / Sq Mi
$70,000
Median Household Income
$46,774
Median Earnings
$628
Median Rent
$96,600
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Fee-simple NN lease, minimal landlord responsibilities, and scheduled rent increases define the operating structure.
Where is this nnn property located?
The property is located at 804 S Slaughter Ave Sundown, TX.
What are key features of this property?
This property features: Fee‑simple NN lease with approximately 4.5 years remaining in the initial term; 5% rent increases at each option period; next increase scheduled for 2031; Corporate guaranty from Dollar General Corporation, identified with an S&P rating of BBB
