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NNN Retail Property with Corner Access
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For Lease
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804 S Slaughter Ave, Sundown, TX 79372

Fee-simple NN lease, minimal landlord responsibilities, and scheduled rent increases define the operating structure.

Space Size8,275 SF
Days on Market3

Property Features for 804 S Slaughter Ave

General Information

Standard status Active
Size 8,275 SF
Property subtype Retail

Building Details

Building Size 8,275 SF

Spaces For Lease

at 804 S Slaughter Ave Contact us

Dollar General Sundown, TX

Size
8,275 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Engvest Group - eXp Commercial
Listed By: Daniel Eng | CCIM · License #TX #514529
Source: 7s
Added: Sep 22 Last Checked: Sep 24 at 6:35AM

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

Investment Insights

Based on property information with market context.

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.

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

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Electrical Service Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - 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
More about this property
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