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DOLLAR GENERAL MARKET | 15YR NNN W/ INCREASES 1405 Main St

10,640 SF Retail Building Jewett, TX 75846 $3,398,891 CAD ($319 CAD/SF) 6.85% Cap Rate

Retail Buildings Texas Jewett 1405 Main St, Jewett, TX 75846

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s.
  • The Nearby Presence of Nucor Steel, Texas Westmoreland Coal, Jewett Mine and Industries including Energy Production, and Manufacturing.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options.
  • Features Easy Access & Excellent Visibility - Located Along U.S. Hwy-79 (8k+ VPD) and near TX Hwy-39, which are Traveled by Commuters, Truckers, etc.
  • Directly Across from Baymont by Wyndham Hotels. In Close Proximity to Lake Limestone - a Popular Recreational Spot that Attracts Tourists.

Executive Summary

Dollar General Market | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2025 Construction | Larger Format Store Concept | Directly Across from Baymont by Wyndham | Strategic Highway Location | Tourism & Industry-Driven Market | Amazon Resistant Investment Grade Retail Concept

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$3,398,891 CAD
Price Per SF
$319 CAD
Cap Rate
6.85%
NOI
$232,790 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.14 AC

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PROPERTY TAXES

Parcel Number 00591-06600-00800-000011 Improvements Assessment $35,212 CAD
Land Assessment $398 CAD Total Assessment $35,610 CAD

PROPERTY TAXES

Parcel Number
00591-06600-00800-000011
Land Assessment
$398 CAD
Improvements Assessment
$35,212 CAD
Total Assessment
$35,610 CAD
(858) 373-3184

Contacts

  • Listing ID: 34212415

  • Date on Market: 2024-12-16

  • Last Updated:

  • Address: 1405 Main St, Jewett, TX 75846

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DOLLAR GENERAL MARKET | 15YR NNN W/ INCREASES | 1405 Main St
(858) 373-3184 x

DOLLAR GENERAL MARKET | 15YR NNN W/ INCREASES | 1405 Main St

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Alvin Mansour

(858) 373-3184

(858) 373-3184

Jon Talia

(858) 373-3186

(858) 373-3186

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