Dollar General
Retail / Posted 1 week ago by Keith Sturm, Upland Real Estate Group, Inc. / 10 views
- Price : $1,119,230
- Cap Rate : 6.5%
- Net Operating Income : $72,750
- Tenant : Dollar General Corporation
- Lease Type : NN
- Lease Term Remaining (Years) : 6
- Building Size (SF) : 9,014
- Land Area (Acres) : 1.10
- Year Built : 2007
Strategically located at heavily trafficked intersection of FM 88 and Mile 11 Road.
Dollar General is a fast-growing retailer that boasts over 16,360 discount stores in over 45 US states.
Dollar General Corp. reports revenues of $33 billion (2021) and Net Worth of $6.67 billion (2021).
Dollar General Corp. is an investment Grade Tenant with S&P Credit Rating of BBB and Moody’s Rating of Baa2.
5 miles away is Knapp Medical Center, a Level 3 Trauma Unit with 233 hospital beds, and serves Weslaco’s emergency medical needs.
Weslaco is home to South Texas College, South Texas Vocational Technical Institute and Valley Grande Institute for Academic Studies. Texas A&M also operates an agricultural research center in Weslaco.