Dollar General

2720 Southmore Ave, Pasadena, TX

Property Information

Price Summary

$ 1,223,555

Cap Rate

7.35 %

NOI

$ 89,931

Total Lot Size

0.75 Acres

Building Size

9,014 SF

Matt Davis

Partner

T: (325) 513-6406

Property Highlights

  • Infill Houston NN Dollar General – 4 Years Remaining on Current Term
  • 97% Brand Ranking – Indication of Very Strong Performing Store
  • Zero HVAC Responsibility for Landlord – DG Responsible for Replacement and Repairs
  • Concrete Parking Lot – DG Fully Reimburses Non Capital Expenses on Parking Lot and Fully Reimburses Groundskeeping
  • Strong Population Growth in the Area – 260,000+ in 5 Mile
  • Several Parcels Have Been Redeveloped in the Immediate Area Over the Past Few Years
  • Shares Access With Auto Zone – Great Cross Traffic

Point of Contact

Matt Davis

Partner

T: (325) 513-6406

TX# 657251

Cody Crist

Partner/Senior Director

T: (817) 584-2000

TX #697980

Eric Kelley

Director

T: (281) 610-5011

TX #9007104

Chance Hales

Partner

T: (806) 679-9776

TX# 597585

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