500 Mckinley Ave Rotan, TX 79546
- Retail properties
- 10,640 SF
- 1.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 500 Mckinley Ave
- Year built
- 2025
- Lot size
- 1.33 lot acres
- Property size
- 10,640 SF
- 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 in Rotan, Texas. Located on a 1.33-acre lot at 500 S McKinley Ave, 79546, this Class A property boasts a prime, hard corner location with excellent visibility and easy access along a major city road. The building, constructed in 2025, is under a 15.4-year absolute NNN lease with Dollar General, a Fortune 500 company (NYSE: DG) holding an investment-grade credit rating ("BBB" by S&P). The lease features built-in rent increases of 5% every five years, ensuring consistent income growth. The current Net Operating Income (NOI) is $159,620, yielding a 7.00% cap rate, and the asking price is $2,280,279. This Dollar General Plus location is significantly larger than a standard store, incorporating additional coolers and freezers for expanded perishable goods inventory. The property benefits from its proximity to Fisher County Hospital and Rotan High School, contributing to a strong customer base. Limited competition exists, with the nearest comparable store over 20 miles away. This is a secure, high-performing investment with substantial long-term potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rotan
- County
- Fisher
- State
- Texas
- Longitude
- -100.463
- Latitude
- 32.848