Just Closed | Dollar General – South Padre Island, TX

Dollar General S Padre Island, TX

South Padre Island, TX (May 5, 2017) –

A 10,542 square foot Net Leased Dollar General – South Padre Island, TX sold for an undisclosed amount.

Closing Highlights

  • Desirable Beach Resort Town Location on Texas Coast
  • Rare Upgraded Construction
  • Under Contract Months Prior to Rent Commencement

The Seller was represented by Branson Blackburn, CCIM of KW Net Lease Advisors, a Texas based investment real estate brokerage & advisory firm.

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About Dollar General

Dollar General Corporation has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Dollar General operated 13,429 stores in 44 states as of March 3, 2017. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.

Dollar General sells similar products as wholesale retailers Wal-Mart (WMT) and Target (TGT), but typically at lower prices. Because of this, during harsh economic conditions, many consumers may make the change of shopping at Dollar General instead of a regular wholesale retailer.

http://www.dollargeneral.com

See more about Dollar General including average trading prices, lease details and cap rates.