Dollar General Blooming Grove, TX

401 E Forgey St
Blooming Grove, TX

Price: $1,725,000
Cap Rate: 5.65%
NOI: $97,444
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 1.525 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2021

Investment Overview

  • 2021 Construction. 9,100+/- SF Building on 1.525+/- Acre Site
  • Brand New 15-Year Corp. Absolute NNN Lease 10% Rent Increase Every 5 Yrs
  • Strategically Located in the Heart of Blooming Grove Adjacent to City Hall
  • Near Blooming Grove High School, Junior High and Elementary Schools
  • Tenant is an Amazon Resistant Retailer Experiencing Explosive Growth
  • Dollar General Plans to Open 1,050 New Locations in 2021
  • Blooming Grove | 50 Miles SE of DFW Metroplex | 15 Miles from Corsicana