9338 Us-271 Gladewater, TX 75647
- Retail properties
- 2.15 lot acres
Current Use by Public Records
- Retail properties
Property Details for 9338 Us-271
- Year built
- 2025
- Lot size
- 2.15 lot acres
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a brand-new, 10,640 square foot Dollar General "Plus" store located at 9338 US-271, Gladewater, Texas 75647. The property sits on a 2.15-acre lot and boasts a 15-year absolute NNN lease commencing February 15, 2025, and expiring February 29, 2040. The lease includes 5% rent increases every five years and 5-5 year renewal options. The current annual net operating income (NOI) is $129,008, resulting in a compelling 6.85% capitalization rate. This larger-format Dollar General store offers expanded offerings, including fresh produce, dairy, meat, and bakery items, catering to the growing Gladewater market (population 6,300), a submarket of the Longview, Texas MSA (population 286,000). Longview is conveniently located 125 miles east of the Dallas/Fort Worth area and is home to Dollar General's state-of-the-art, 1.2 million square foot distribution facility. Dollar General, an S&P BBB+ rated company, trades on the New York Stock Exchange (symbol DG) with a market capitalization exceeding $17 billion, providing significant financial stability and creditworthiness to this investment. The asking price for this exceptional property is $1,883,300. This is a rare opportunity to acquire a high-performing, low-risk investment with a strong tenant and significant upside potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gladewater
- County
- Upshur
- State
- Texas
- Longitude
- -94.9202
- Latitude
- 32.5716
