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Dollar General NNN Investment Opportunity

E Highway 67, Cookville, TX 75558

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NNN Dollar General in Cookville, TX with strong corporate guarantee.

Type:RETAIL

Property size:

9,100 SF

Lot size:

1.20 Acres

Price / SF:

$123/SF

HighLights

7% cap absolute nnn lease texas dollar general
Almost 9 years remaining on original 15‑year lease
Strong corporate guarantee by dollar general corporation, with an s&p credit rating of bbb
Low price point location for absolute nnn lease texas dollar general
Located along us hwy 67 featuring over 5,000 vpd in front of subject property
Limited retail competitors - primary source of goods within a 2‑mile radius

We can help!

Listing Contact

Cody Crist

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For Sale

Contact for pricing

NNN Dollar General in Cookville, TX with strong corporate guarantee.

Type:RETAIL

Property size:

9,100 SF

Lot size:

1.20 Acres

Price / SF:

$123/SF

Added:: Jun 27, 2024
Days on Market:: 713
Last Refresh:: May 19 at 10:10 pm

Property Features for E Highway 67

General Information

Standard status: Active
Size: 9,100 SF
Lot size: 1.20 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Cody Crist

Listing agent Chance Hales License #TX 697980

Listing office Trinity Real Estate Investment Services - Corporate

Listing date Jun 27, 2024

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 Trinity Real Estate Investment Services - Corporate

HighLights

7% cap absolute nnn lease texas dollar general
Almost 9 years remaining on original 15‑year lease
Strong corporate guarantee by dollar general corporation, with an s&p credit rating of bbb
Low price point location for absolute nnn lease texas dollar general
Located along us hwy 67 featuring over 5,000 vpd in front of subject property
Limited retail competitors - primary source of goods within a 2‑mile radius

Overview

This property offers an investment opportunity with a Dollar General located in Cookville, TX. The property operates under an absolute NNN lease with a 7% capitalization rate. The lease has almost 9 years remaining on its original 15-year term. The location benefits from its position along US Hwy 67, which sees over 5,000 vehicles per day. The property serves as a primary source of goods within a 2-mile radius, facing limited retail competition. The Dollar General Corporation provides a strong corporate guarantee, holding an S&P credit rating of BBB. The property is situated 7 miles from Mt Pleasant, the county seat and largest city in Titus County. The property contains 9,100 square feet.

Location Intelligence

Current Use by Public Records

Storefront properties

Map

City: Cookville
County: Titus
State: Texas
Longitude: -94.8698
Latitude: 33.1865

For sale
Storefront properties
TX
Cookville
75558
E Highway 67

What type of property is this?

Storefront property - NNN Dollar General in Cookville, TX with strong corporate guarantee.

Where is this storefront property located?

The property is located at E Highway 67 Cookville, TX.

What is the asking price?

The asking price for this property is $1,125,275.

What are key features of this property?

This property features: 7% cap absolute nnn lease texas dollar general; Almost 9 years remaining on original 15‑year lease; Strong corporate guarantee by dollar general corporation, with an s&p credit rating of bbb

E Highway 67, Cookville, TX 75558

NNN Dollar General in Cookville, TX with strong corporate guarantee.

Property Features for E Highway 67

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Map

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