This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

DOLLAR GENERAL MARKET | 15YR NNN W/ INCREASES 1405 Main St

10,640 SF Retail Building Jewett, TX 75846 £1,882,603 (£177/SF) 6.85% Net Initial Yield

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s.
  • The Nearby Presence of Nucor Steel, Texas Westmoreland Coal, Jewett Mine and Industries including Energy Production, and Manufacturing.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options.
  • Features Easy Access & Excellent Visibility - Located Along U.S. Hwy-79 (8k+ VPD) and near TX Hwy-39, which are Traveled by Commuters, Truckers, etc.
  • Directly Across from Baymont by Wyndham Hotels. In Close Proximity to Lake Limestone - a Popular Recreational Spot that Attracts Tourists.

Executive Summary

Dollar General Market | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2025 Construction | Larger Format Store Concept | Directly Across from Baymont by Wyndham | Strategic Highway Location | Tourism & Industry-Driven Market | Amazon Resistant Investment Grade Retail Concept

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
£1,882,603
Price Per SF
£177
Net Initial Yield
6.85%
NOI
£128,939
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
1.14 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00591-06600-00800-000011
Land Assessment
£221
Improvements Assessment
£19,503
Total Assessment
£19,724
  • Listing ID: 34212415

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 1405 Main St, Jewett, TX 75846

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}