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Dollar General - Brand New 2025 Absolute NNN 1100 S McCoy Blvd

10,640 SF Retail Building New Boston, TX 75570 $2,749,153 CAD ($258 CAD/SF) 6.85% Cap Rate

Investment Highlights

  • Brand New Dollar General Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Planned store opening in February of 2025
  • Larger format Dollar General “Plus” store: Combines Includes additional fresh produce, dairy products, fresh meat, and bakery items
  • Excellent demographics: 1,800 people in 1 mile radius with average income of $99,700, Bowie County, with county seat New Boston -99,000 people
  • Dollar General: S&P BBB+ Rated, publicly trades on New York Stock Exchange as symbol DG | Market capitalization exceeds $17 Billion

Executive Summary

Brand New Dollar General Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Planned store opening in February of 2025.
Excellent demographics: 1,800 people in 1 mile radius with average income of $99,700.
Bowie County, with county seat and courthouse in New Boston, has population of 92,800 people. The county is part of the Texarkana metropolitan statistical area. The county is named for James Bowie, the legendary knife fighter who died at the Battle of the Alamo.
New Boston (population: 4,400 people) is known for its Pioneer Days Festival and Rodeo. Residents and tourists gather annually at the T&P Trailhead Park for entertainment such as carnival rides, street dances, and live musical and comedy presentations
Larger format Dollar General “Plus” store: Combines Includes additional fresh produce, dairy products, fresh meat, and bakery items.
Dollar General: S&P BBB+ Rated, publicly trades on New York Stock Exchange as symbol DG | Market capitalization exceeds $17 Billion

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2024
Construction Status
Under Construction
Price
$2,749,153 CAD
Price Per SF
$258 CAD
Cap Rate
6.85%
NOI
$188,318 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.07 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
13 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
529 ft on North McCoy Boulevard

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General - 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05320000200
Land Assessment
$60,155 CAD
Improvements Assessment
$7,876 CAD
Total Assessment
$68,030 CAD
  • Listing ID: 33612717

  • Date on Market: 2024-10-23

  • Last Updated:

  • Address: 1100 S McCoy Blvd, New Boston, TX 75570

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