Dollar General Dallas, TX

342 South Saint Augustine Drive
Dallas, TX

Price: $1,570,000
Cap Rate: 6.00%
NOI: $94,199
Building Size: Approx. 7,500 Sq. Ft.
Lot Size: Approx. 0.71 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 7,500+/- SF Building on 0.71+/- Acre Site
  • 8+ Years Remaining on Corp. Absolute NNN Lease w/ (3) 5-Year Options to Renew. 10% Rental Increases Option Periods
  • 8 miles Southeast of Dallas, TX, located off of US 175 (72,200+ VPD) on St. Augustine Dr (6,700+ VPD)
  • Excellent Demographics & Demand Drivers – 194,491 Residents w/in 5-Miles w/ Avg. HH Income of $79,106; 6 Schools w/in 1 Mile (4k+ Students)
  • Dallas-Fort Worth (DFW) Metroplex is the Largest Metropolitan Area in Texas and the fourth-largest in the United States
  • 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
  • Dallas | 3rd Fastest-Growing Metro in the U.S. | MSA Population: 8.3M

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