Purchase Price | $2,276,923 |
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Annual Rental Income | $148,000 |
Cap Rate | 6.5% |
Lease Term | 15 Years |
City | Sherman |
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This offering presents a prime opportunity to acquire a net lease asset occupied by Dollar General Corporation, one of the most dominant and recession-resistant retailers in the United States. Backed by an investment-grade corporate guarantee from Dollar General (NYSE: DG), the lease provides long-term income security with zero landlord responsibilities under an absolute triple-net structure. The tenant is responsible for all property expenses, including taxes, insurance, repairs, and maintenance—resulting in fully passive ownership
Strategically located in Sherman, a fast-growing city in the Dallas-Fort Worth metroplex, this Dollar General store benefits from both steady local demand and regional economic momentum. Sherman has become a target for significant industrial and residential development, fueled by the area’s affordability, proximity to Dallas, and major employers such as Texas Instruments, which recently broke ground on a $30+ billion semiconductor fabrication plant nearby. The store serves a densely populated suburban trade area with limited discount retail competition, and benefits from consistent daily traffic along regional thoroughfares. Sherman’s sustained population growth, combined with its transformation into a regional employment hub, strengthens the long-term viability and performance of this location.