Dollar General Waco, TX

13056 Gholson Rd
Waco, TX

Price: $1,449,000
Cap Rate: 6.25%
NOI: $90,534
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 1.24 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 9,100+/- SF Building on 1.24+/- Acre Site
  • 8+ Years Remaining on Corp. Absolute NNN Lease w/ (3) 5-Year Options to Renew. 10% Rental Increases Option Periods
  • 10 miles Northwest of Downtown Waco, TX, Located on a Main Thoroughfare Connecting to I-35 (79k+ VPD)
  • Limited Competition – This Dollar General is One of Only Two Grocery Options in the Immediate Area
  • Waco, TX Is Halfway Between Dallas and Austin and Consistently Ranks in the Top 10 for Highest Job Growth in Texas
  • Dollar General, a Fortune 500 Company and One of the Largest Discount Retailers in the U.S. Operates Over 20,400 Stores Across 47 States
  • Waco | Home to Baylor University (20,824+ Students) | Population: 148,292

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