The Boulder Group is pleased to exclusively market a single tenant, new construction, nnn lease for sale Dollar General property located in Sargent, TX. Sargent is a fishing, boating, and water sports community with a variable population, as most of its inhabitants are weekend commuters from larger cities such as Houston, Austin, and San Antonio. The 9,100 square foot Dollar General is strategically located along Sergeant Joe Parks Jr. Memorial Highway (FM 457) \u00a0which is the area\u2019s primary thoroughfare. The Dollar General was constructed in 2016. There are 15 years remaining on the Dollar General lease which expires on May 31, 2031. The lease features 10% rental escalations in each of the five 5-year renewal option periods. This absolute triple net lease features no landlord responsibilities.<\/p>\n
Dollar General is an investment grade rated company with a Standard & Poor\u2019s rating of BBB. On October 15, 2015, Standard & Poor\u2019s upgraded Dollar General from BBB- to BBB. Dollar General is publicly traded on the New York Stock Exchange (DG) with a market capitalization in excess of $23 billion. As of March 23, 2016, Dollar General operated 12,483 stores located in 43 states.<\/p>\n
INVESTMENT HIGHLIGHTS<\/strong><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" The Boulder Group is pleased to exclusively market a single tenant, new construction, nnn lease for sale Dollar General property located in Sargent, TX. Sargent is a fishing, boating, and water sports community with a variable population, as most of its inhabitants are weekend commuters from larger cities such as Houston, Austin, and San Antonio. […]<\/p>\n","protected":false},"author":3,"featured_media":227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[131],"class_list":["post-226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-sale","tag-nnn-lease-for-sale"],"yoast_head":"\n\n