Real Estate Brokerage
Built On Real Relationships
Our results speak for themselves. Our clients speak for us. We’d prefer to talk about you.
Dollar General
729 W Ocean Blvd, Los Fresnos, TX
Property Information
Price Summary
$ 969,600
Cap Rate
7 %
NOI
$ 67,872
Total Lot Size
0.8 Acres
Building Size
9,100 SF
Property Highlights
- Low Price Point Texas Dollar General – Walmart Supercenter Adjacent
- Dollar General Recently Exercised Renewal and Paid Full Increase in Rent – Showing Commitment to Site and Strong Performance Indicator
- Strong Retail Corridor with Tenant Paying Well Below Market Rents – Currently $7.46/PSF
- Daily Traffic Counts in Front of Subject Property Over 20,000
- Low Operating Cost Location for Tenant – Current Rent is Substantially Lower than New Development Locations
- Steadily Growing Area – Population Has Been Increasing with Projections Continuing through 2031
- 2 (5) Year Options Remaining at 10% Increases in Rent
- Dollar General
- 729 W Ocean Blvd, Los Fresnos, TX 78566
Point of Contact
Matt Davis
Partner
Cody Crist
Partner/Director
Eric Kelley
Director
Chance Hales
Partner
INTERESTED IN THIS PROPERTY?
Real Estate Brokerage
