JUST LISTED | Brand New Development Dollar General | Rio Grande City, TX

Dollar General

KW Net Lease Advisors is pleased to present the opportunity to acquire a Brand New, Absolute Net Leased, Corporately Guaranteed Dollar General in the south Texas city of Rio Grande City. Dollar General recently signed a 15-Year Lease that features 5 (5) year options with 10% increases at each option. Rent under the lease is set to commence in August.

The subject property is located along HWY 83 (18K+ VPD) in Rio Grande City, Texas. Rio Grande City has a population over 13,000 and is the county seat of Starr County. Dollar General has had tremendous success in South Texas as evidenced by its aggressive growth and expansion in the region.

Rio Grande City is home to an International Port, Railway, Airport, Research University, and a cost-of-living well below the national average.

  • Brand New 15-Yr Abs. NNN Leased Dollar General in TX – Rent Commences in Sept.
  • Strong South Texas Location where Dollar General Continues to Excel
  • Rio Grande City Population over 13,000 – 1% Annual Projected Growth Next 5 Years
  • Located Along Highway 83 with Daily Traffic Counts Over 18,000
  • Dollar General (NYSE: DG) Beat Earnings in Most Recent Financial Report and Outperformed Rival Dollar Tree/Family Dollar
  • DG has Credit Rating of BBB+ (Same as Walgreens)

See all of KW Net Lease Advisors available properties including this Dollar General located in Rio Grande City, TX