Dollar General – Ranger, TX

1424 Texas - 254 Loop
Ranger, TX
Price: $944,000
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Year Built: 2010
Building Size: 9,014 Square Feet
Lot Size: 1.00 Acres
Property Type: Commercial
Property Status: For Sale
Description:

INVESTMENT & LOCATION OVERVIEW

Highlights

Proven Location

  •      Corporate Guaranteed ($18.90 Billion Revenue / $23.3 Billion Market Cap Value)
  •      Dollar General: #164 in Fortune 500 – S&P BBB Rating – Investment Grade
  •      9,014 SF – Larger Store Format
  •      HVAC Units are TENANT RESPONSIBILITY for Repair and Replacement
  •      THREE, Five-Year Option Remaining
  •      Property located in Ranger, a city 75 miles west of Fort Worth, TX
  •      Trade Area includes Ranger College, Athletic Facility, Dairy Queen, Subway, Relax Inn and many others
  •      Dollar General has enrolled this store in its national insurance program

The Dollar General # 4,227 – is a proven location.  The property is located at 1424 TX – 254 Loop, Ranger, TX 76470 located adjacent to Ranger College and just 75 west of Fort Worth. The Dollar General property is a 9,014 Square Foot property built in 2010. The rent is a double net and one half (NN1/2) lease with landlord responsible for Roof, Structure, & Parking Lot.  The Tenant is responsible for the repair & replacement of the HVAC.  The property is offered at an 7.50% Cap Rate. Minimal maintenance is required with 3.00% increase in 4.00 years and 10% increases during the three, five-year option.

Ranger, TX is a suburb off State Highway 20 approximately 75 miles west of Fort Worth, TX