KW Net Lease Advisors is pleased to present the opportunity to acquire a net leased, corporately guarantee, re-location Dollar General in the city of Baytown, Texas. Dollar General signed a 15-year lease that is set to commence in November 2017. The store is replacing an older high producing location, giving the new owner confidence in the stores success moving forward.
The subject property is located along N Alexander Drive, just south of the Ward road intersection that features CVS, Walgreens, Chase Bank, and a Kroger Grocery Store. The site is situated within a great blend of residential neighborhoods and retail properties, which is ideal for Dollar Stores.
Baytown is the 3rd largest city in Harris County, Texas. Baytown is home to employers such as; ExxonMobil, Bayer, and Chevron Phillips. ExxonMobil Baytown Complex is one of the world’s largest industrial complexes. Baytown is also home to a Home Depot distribution hub and Walmart’s 4.2 million-square-foot import center (their largest in the US).
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