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