Dollar General – 1100 South Main Street, Stinnett, TX 79083
1100 South Main Street
Price:
Land Price / SF:
Year Built:

APN:
$1,484,092
$170
2018
Building Area:
Land Area:
Transit Oriented Community:
8,745 SF
50,003 SF
C
5067-018-028
Status:
Available

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Ideal 1031 Exchange Opportunity – Single Tenant Dollar General
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Corporate Guaranteed Lease - Dollar General NYSE: DG – Moody’s Rated Baa2
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Absolute NNN – Zero Landlord Responsibilities – Passive Investment
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9 Years Remaining with three (5) Year Options – Increases Throughout Options
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10% Increase Every 5 Years throughout Option Periods
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Necessity Based Tenant – Essential Use – Local Daily Needs
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Stinnett Is a Neighboring Town to Amarillo, TX (1 Hr. Drive/ 57 Mi). Amarillo, TX Has a Population Of 201,234 And in Close Proximity to The New Mexico, Oklahoma and Colorado State Capitals.
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This Property Is Located Off Highway 135 Next to West Texas Elementary School, Dairy Queen, First Baptist Church and Desert Dove Hacienda RV Park & Cabins.
The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present an ideal 1031 exchange opportunity with a single-tenant Dollar General located in Stinnett, Texas. The lease is corporately guaranteed by Dollar General, listed on the New York Stock Exchange (NYSE: DG) with a Baa2 rating from Moody's. With an absolute NNN (Triple Net) lease structure, the investment provides a passive income stream with zero landlord responsibilities.
The lease has a remaining term of 9 years, along with three (5) year options with 10% increase every 5 years throughout the option periods. The tenant, Dollar General, operates in the necessity-based retail sector, serving local daily needs with an essential use. Situated in Stinnett, a neighboring town to Amarillo, Texas, the property benefits from its proximity to Amarillo, which boasts a population of 201,234 and is strategically located near the state capitals of New Mexico, Oklahoma, and Colorado.
Located off Highway 135, adjacent to West Texas Elementary School, Dairy Queen, First Baptist Church, and Desert Dove Hacienda RV Park & Cabins, the property enjoys a prime location with high visibility and access for customers.