Dollar General

23960 FM 306, Canyon Lake, TX

Property Information

Price Summary

$ 1,521,765

Cap Rate

6.5 %

NOI

$ 98,915

Total Lot Size

2.32 Acres

Building Size

10,640 SF

Matt Davis

Partner

T: (325) 513-6406

Property Highlights

  • Located in the High-Growth Hill Country Submarket Within the Austin MSA
  • Near Canyon Lake With 1M+ Annual Visitors and High-Visibility Main Thoroughfare Location With Limited Retail Competition
  • Lower Rent Absolute NNN Texas Dollar General With Zero Landlord Responsibilities
  • 10% Rent Increases in the Option Periods
  • Strong Corporate-Guaranteed Lease by Dollar General Corporation (S&P: BBB), Operating 20,000+ Locations Nationwide
  • Also Available For Sale as a Portfolio

Point of Contact

Matt Davis

Partner

T: (325) 513-6406

TX# 657251

Cody Crist

Partner/Director

T: (817) 584-2000

TX #697980

Eric Kelley

Director

T: (281) 610-5011

TX #9007104

Branson Blackburn

Managing Partner

T: (682) 233-5223

TX# 611825

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