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Property profile

0 Fabens Rd & Citizen Transfer Sta Rd Fabens, TX 79838

OFF-MARKET
Specialty properties
12,774 SF 2.17 ac lot Built 2025
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Year built 2025
Total area 12,774 SF
Lot 2.17 ac (94,525 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Fabens Rd & Citizen Transfer Sta Rd Fabens, TX 79838
Fabens metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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