Dollar General Market

7297 FM 1010 Rd, Cleveland, TX

Property Information

Price Summary

$ 2,735,375

Cap Rate

6.25 %

NOI

$ 170,960

Total Lot Size

1.88 Acres

Building Size

10,566 SF

Cody Crist

Partner/Director

T: (817) 584-2000

Property Highlights

  • New Development Dollar General Market With 14.5+ Years Remaining on Primary Term
  • Absolute NNN Lease Requiring Zero Landlord Responsibilities
  • 5% Rent Increase Every 5 Years
  • 17.38% Positive Population Growth Expected in 2030
  • Excellent Visibility Along County Rd 343 With 5,800+ Combined Daily Traffic Counts
  • Limited Local Retail Competition – Store Serves as Primary Source of Goods for Local Residents
  • Located 42 Miles to Downton Houston With a Population of Approximately 19K+
  • Dollar General is an Investment Grade Tenant With a S&P Credit Rating of BBB

Point of Contact

Cody Crist

Partner/Director

T: (817) 584-2000

TX #697980

Eric Kelley

Director

T: (281) 610-5011

TX #9007104

Matt Davis

Partner

T: (325) 513-6406

TX# 657251

Branson Blackburn

Managing Partner

T: (682) 233-5223

TX# 611825

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