0 Fabens Rd & Citizen Transfer Sta Rd Fabens, TX 79838
This exceptional investment opportunity presents a newly constructed (2025) Dollar General Market in Fabens, Texas. The property boasts a 12,774 square foot building situated on a 2.17-acre lot at the intersection of Fabens Road and Citizen Transfer Station Road, zip code 79838. The property is strategically located, benefiting from high traffic counts exceeding 9,000 vehicles daily on Alameda Ave (FM 793). The absolute NNN lease with Dollar General, a nationally recognized retailer operating over 20,000 stores, provides significant security and stability. The lease commenced February 5th, 2025, and has a remaining term of 15.3 years, expiring February 29th, 2040. Rent increases of 5% every 5 years are built into the lease, ensuring consistent income growth. The property's Net Operating Income (NOI) is $182,213, yielding a 6.80% cap rate at an asking price of $2,679,615 ($209.77 per square foot). The strong demographics of the area, with over 9,000 residents within a 5-mile radius, further enhance the investment's appeal. The property's proximity to Fabens Airport adds to its convenience and accessibility. This is a fee-simple ownership opportunity with a credit-rated tenant and corporate guarantee. The lease includes five (5), 5-year options with 5% rent bumps.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.