2310 Priddy Rd Goldthwaite, TX 76844
Single-tenant Dollar General property with over 2.5 years remaining on lease.
Type:Land, Retail
Property size:
9,100 SFPrice / SF:
$112/SF- Added:
- Nov 14, 2024
- Days on Market:
- 527
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 2310 Priddy Rd
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Land, Retail
Building Details
- Year Built
- 2005
Listing agent Ara Rostamian License #CA 01814678
Listing office Marcus & Millichap - Los Angeles
Listing date Nov 14, 2024
Source Crexi
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 Marcus & Millichap - Los Angeles
Overview
Dollar General NNN Investment Opportunity
This single-tenant Dollar General property in Goldthwaite, Texas, presents an investment opportunity with over 2.5 years remaining on the lease. Dollar General is recognized for its operational strength and holds a BBB rating by S&P. The tenant is currently paying below market rent at $0.54 per square foot per month. The lease includes renewal options with incremental rent increases. The property has recently undergone upgrades, including a new roof with a 15-year warranty. The seller is willing to carry a loan, offering flexible financing options for qualified buyers. The store is scheduled for a refresh in April 2026 as part of the tenant’s capital improvement initiatives. The 9,100-square-foot Dollar General holds a unique market position as the sole convenience-focused store within a 20-mile radius. A DG Market in town focuses on different product categories, complementing this location. Goldthwaite’s location between Austin and Waco supports a local economy, driven by agriculture, small businesses, and tourism. The modified NNN lease structure simplifies property management responsibilities, making it an attractive option for investors seeking a low-maintenance investment with a hedge against inflation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Goldthwaite
- County
- Mills
- State
- Texas
- Longitude
- -98.5691125
- Latitude
- 31.4661719
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Single-tenant Dollar General property with over 2.5 years remaining on lease.
Where is this grocery and convenience store located?
The property is located at 2310 Priddy Rd Goldthwaite, TX.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Sole convenience store within a 20‑mile radius, ensuring a consistent customer base.; Dollar General tenant with over 2.5 years remaining on the lease and a BBB credit rating from S&P.; Below market rent at $0.54 per square foot per month, offering potential for future rent adjustments.
