Available Properties
Dollar general – Groveton, TX
- 381 E 1st St, Groveton, TX 75845
Listing Broker
Corbin Montpas
- corbin@amcreis.com
- (586) 200-0041
Request More Information
Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $756,324
- 9.25%
- 2.8 Years
- NN+
- Corporate Guarantee
Highlights
- Long Term Occupancy: Dollar General has successfully operated at this site for almost 20 years.
- Strong Visibility: Exposed to nearly 4,000 vehicles daily.
- Prime Corner Location: Situated on hard corner with high visibility and traffic.
- Near Schools: Within walking distance of Groveton Middle & Highschool with around 1,000 students
- Limited Competition: Dollar General serves as one of the primary retail destination for Groveton's rural market. Fulfilling the communities daily needs.
- Built in Rental Increases: Dollar General has 2 (5) year options remaining with built in 10% rental increases.
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this Dollar General property in Groveton, TX, priced at $756,324 with a 9.25% cap rate. The store has operated successfully at this location for nearly 20 years and is secured by a NN+ lease.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
