Available Properties
DOLLAR GENERAL – Mission, TX
- 10805 N Moorefield Rd, Mission, TX 78574
Listing Broker
Corbin Montpas
- corbin@amcreis.com
- (586) 200-0041
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $1,091,243
- 7.5%
- ±5.7 Years
- Absolute NNN
- Corporate Guarantee (Credit-Rated)
Highlights
- MSA Location: Positioned within the McAllen–Edinburg–Mission, TX MSA, totaling roughly 900K residents
- University Presence: Near UTRGV, Texas A&M Higher Education Center, South Texas College, and additional campuses, serving ±70,000 students
- Medical Hub: In close proximity to major hospitals including South Texas Health System Edinburg (±202 beds), DHR Health (±500 beds), Mission Regional Medical Center (±297 beds), and Rio Grande Regional Hospital (±320 beds)
- Nearby Major Investment: Located near a planned $230 million mixed-use development adjacent to La Plaza Mall, featuring a luxury hotel, water attraction, residential, and retail housing.
- High Visibility: Situated along Moorefield Ave with exposure to approximately 4,275 vehicles daily
- Major Residential Growth: Located near the Bentsen Palm master-planned community, a 2,600-acre development expected to deliver 4,500+ homes, driving significant population growth and long-term retail demand in the surrounding trade area.
Sale Description
AMC Real Estate Investment Services is pleased to present a single-tenant Dollar General located at 10805 N Moorefield Rd in Mission, Texas, within the McAllen–Edinburg–Mission MSA, a rapidly growing South Texas trade area with nearly 900,000 residents.
Built in 2016, the 9,026 SF property sits on 1.82 acres and is leased to Dollar General under a NNN lease structure with no landlord responsibilities. The tenant covers taxes, insurance, roof, parking lot, HVAC, and common area maintenance, creating a truly passive investment opportunity.
Dollar General signed a 15-year lease beginning December 2016, with the initial term running through November 2031 and five additional 5-year renewal options, each featuring 10% rent increases.
The property is positioned along N Moorefield Rd with exposure to approximately 4,275 vehicles per day and benefits from nearby demand drivers including UT Rio Grande Valley and South Texas College (~65,000+ students), major healthcare systems, and significant residential growth from the 2,600-acre Bentsen Palm master-planned community (4,500+ homes) and the planned $230M Boeye mixed-use development.
With passive NNN income, long-term lease security, and strong population growth throughout the Rio Grande Valley, this offering provides investors with stable cash flow backed by a nationally recognized necessity-based retailer.
Built in 2016, the 9,026 SF property sits on 1.82 acres and is leased to Dollar General under a NNN lease structure with no landlord responsibilities. The tenant covers taxes, insurance, roof, parking lot, HVAC, and common area maintenance, creating a truly passive investment opportunity.
Dollar General signed a 15-year lease beginning December 2016, with the initial term running through November 2031 and five additional 5-year renewal options, each featuring 10% rent increases.
The property is positioned along N Moorefield Rd with exposure to approximately 4,275 vehicles per day and benefits from nearby demand drivers including UT Rio Grande Valley and South Texas College (~65,000+ students), major healthcare systems, and significant residential growth from the 2,600-acre Bentsen Palm master-planned community (4,500+ homes) and the planned $230M Boeye mixed-use development.
With passive NNN income, long-term lease security, and strong population growth throughout the Rio Grande Valley, this offering provides investors with stable cash flow backed by a nationally recognized necessity-based retailer.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
14,033 |
$43,403 |
|
5 Mile |
40,642 |
$49,272 |
|
10 Mile |
250,873 |
$68,986 |
