17719 Primera Rd Harlingen, TX 78552

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 12,480-square-foot Dollar General Market in Harlingen, Texas. Located at 17719 Primera Rd, 78552, this single-tenant property boasts a 15-year absolute NNN lease with a corporate guarantee from a credit-rated tenant, ensuring minimal landlord responsibilities. The lease commenced November 27, 2023, and features a remaining term of 14 years, with built-in rent bumps of 10% every five years. The property sits on a 1.5-acre lot and benefits from a strong location within a densely populated area, serving over 80,000 residents within a five-mile radius. The property's high visibility and proximity to significant traffic generators further enhance its appeal. With a 7.00% cap rate and a net operating income (NOI) of $123,875, this represents a compelling investment opportunity with a price of $1,769,653 ($141.80/sq ft). The building was constructed in 2023 and enjoys 100% occupancy. This is a rare chance to acquire a stable, high-performing retail asset with significant long-term growth potential. The lease includes five, five-year options with 10% rent increases.