Tbd Huntsville Tx Huntsville, TX 77320
- Specialty properties
- 10,640 SF
- 1.85 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 0 Tbd Huntsville Tx
- Year built
- 2025
- Lot size
- 1.85 lot acres
- Property size
- 10,640 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,640-square-foot Dollar General store in Huntsville, Texas (zip code 77320). Located on approximately 1.85 acres, this single-tenant property boasts a 15-year absolute NNN lease commencing February 9, 2025, and expiring January 30, 2040, offering a substantial remaining lease term of 15.2 years. The lease includes five, 5-year renewal options, each with a 5% rent increase. The current asking price is $2,440,525, translating to a price per square foot of $229.37 and a compelling 6.50% cap rate based on a net operating income (NOI) of $158,634. The property benefits from a 100% occupancy rate and a strong corporate guarantee from Dollar General Corporation, a credit-rated entity with an S&P rating of BBB and over 20,000 locations. Built in 2025, this strategically located property enjoys excellent visibility along US Highway 190, with over 10,000 vehicles passing daily, and easy access from State Highway 19, which sees over 16,800 vehicles per day. Huntsville's rapidly growing population (over 49,000 within a 5-mile radius) and the presence of Sam Houston State University (over 20,000 students) contribute to a robust and stable market. The 5% rent bumps every five years provide built-in growth potential for this secure, long-term investment.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Walker
- State
- Texas
- Longitude
- -95.5318
- Latitude
- 30.7198
