1930 Early BlvdEarly, TX 76802

For Sale
$1,379,070

High-Yield Texas Retail Property

Overview

Added:
Feb 14
Days on market:
32
This exceptional investment opportunity presents a fee-simple ownership of a 9,100 square foot Dollar General store, located at 1930 Early Blvd, Early, TX 76802. The property sits on a 2-acre lot and includes 29 parking spaces. Built in 2019, this single-tenant, absolute NNN net lease boasts a 100% occupancy rate with a remaining lease term of 10 years, extending to December 31, 2034. The current lease commenced December 1, 2019, and features three (3) to five (5) year lease options with a 10% rent increase at each option period. The property generates a substantial net operating income (NOI) of $93,087, resulting in an attractive 6.75% capitalization rate. The asking price is $1,379,070. This investment offers exceptional stability and strong cash flow potential due to the creditworthiness of the national tenant and the long-term lease structure. The property's prime location in Early, Brown County, Texas, further enhances its value and appeal. The property's APN is 20051791. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment in a thriving market.

Highlights

  • $1,379,070 asking price for this net-leased Dollar General storefront.
  • 9,100 square foot building on a 2-acre lot with 29 parking spaces.
  • Absolute NNN lease with a 10-year remaining term (15-year initial term expiring 12/31/2034).
  • 6.75% cap rate based on a $93,087 annual net operating income (NOI).
  • Built in 2019, 100% occupied by Dollar General since December 1, 2019.
  • Located at 1930 Early Blvd, Early, TX 76802.

Property Details for 1930 Early Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
9,100 SF
Year Built
2019
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Early
County
Brown
State
Texas
Latitude
31.7580537
Longitude
-98.9079552
1930 Early Blvd, Early, Texas
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1930 Early Blvd
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