Purchase Price | $1,600,000 |
---|---|
Annual Rental Income | $112,000 |
Cap Rate | 7% |
Lease Term | 10 Years |
City | Lakehills |
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This offering represents an exceptional net lease opportunity with Dollar General Corporation, a publicly traded, investment-grade retail operator backed by a corporate guarantee. The absolute triple-net lease places all property obligations—taxes, insurance, repairs, and maintenance—on the tenant, yielding truly passive ownership and secure long-term income
Lakehills is a scenic community in the Texas Hill Country located along Medina Lake, about 30 miles west of San Antonio, with a population exceeding 5,200 and steady growth in recent years. Characterized by its tranquil, outdoors-oriented lifestyle, the area draws a stable base of local residents and vacationers, yet remains underserved by discount retail. The Dollar General site would serve a wide trade area of lakefront homeowners, area school families, and tourists, offering convenience and value in an attractive yet retail-light region. A rising average household income of around $90 k and a growing demographic base make this location well-suited for a recession-resistant, everyday essentials operator.