Dollar General

1108 N Storts St, Poth, TX

Property Information

Price Summary

$ 969,230

Cap Rate

6.5 %

NOI

$ 63,000

Total Lot Size

0.72 Acres

Building Size

9,014 SF

Brad Motley

Partner

T: (817) 980-0512

Property Highlights

  • Low Price Point Dollar General With 6.5+ Years Remaining on Current Term
  • Upcoming 5.85% Rent Increase in the Primary Term 03/01/2027
  • Commitment to Site – Dollar General Recently Exercised a 5 Year Extension and Completed a Tenant Funded Interior Store Remodel in 2024
  • NN Lease Structure With Minimal Landlord Responsibilities
  • Strong Corporate Guaranty by Investment Grade Tenant, Dollar General Corp. ($DG), With an S&P Credit Rating of BBB
  • Affluent High Traffic Location Having an Average Household Income of Over $101K and 14,000+ VPD
  • Limited Competition, the Only Discount Retailer in Poth, TX
  • Subject Property is 35 Miles From Downtown San Antonio, the Second Most Populous City in Texas

Point of Contact

Brad Motley

Partner

T: (817) 980-0512

TX # 586199

Steelman Juarez

Associate Director

T: (972) 921-8464

TX #713565

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