419 Wheeler St
Texico, NM 88135

PRICE REDUCED! Bring all offers. Exclusive opportunity to purchase the Dollar General in Texico, NM. The tenant is operating under a 15 year net lease with +/-5.5 years remaining on the lease term. The tenant recently extended the current term showing their commitment to this location. There are Five (5), Five (5) year renewal options remaining with 10% rental increases every Five (5) year option period. The Dollar General is one of the main shopping stores and retailers in Texico, NM and also extends to the neighboring city of Farwell, TX. TDollar General is a publicly traded (NYSE: DG) Fortune 500 company and currently holds an investment grade credit rating of BBB with S&P. Currently over 15,000 locations in 45 states and 975 new locations expected to be opened this year. Dollar General has been in business for 79 years and has a current net worth of over $6B. Location Overview: The subject property is located off the main road, U.S 60 (Wheeler Ave.), which runs through Texico, NM. Texico, NM is located in Curry County and sits on the New Mexico and Texas Border.