JUST LISTED | Dollar General – Houston, TX

KW Net Lease Advisors is pleased to present the opportunity for investors to acquire a net leased, corporately guaranteed Dollar General in the largest city in Texas. Dollar General signed a 10-year lease in 2007 and quickly extended to lease to a 15-year primary term. The Lease also features 3 (5) year options to extend with 10% increases at each option.

The Subject Property is ideally situated in a densely populated residential area that also features a mix of local/regional retail tenants. The location’s proximity to I-45 (300K+ VPD) as well as being near several large employers, such as the Texas Department of Public Safety creates great customer traffic for the 15,000+ residents within 1 mile of the property. Dollar General thrives in these dense neighborhood locations where there is limited competition.

Houston is the most populous city in Texas and the 4th most populous in the US.

  • Houston Dollar General w/ 5+ Years Remaining – NN Lease – Built in 2007
  • 5-Mile Population over 344,000 – Houston is Most Populous City in TX
  • Direct Access to I-45 (300K+ VPD)
  • Large Monthly CAM Payment ($400/Month) – Not Factored into NOI
  • Blend of Residential and Retail Areas Surround Subject Property
  • Original 10-Year Lease Extended to 15-Year within 2 Years of Rent Commencement

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

KW Net Lease Advisors