Dollar General for Sale in Leroy, TX
Leroy, TX
Key Investment Metrics
Price
$2,144,708
Cap Rate
6.5%
Net Operating Income
$139,406
Building Size
9100 SF
Land Area
2.19 Acres
Remaining Term
15.2 years
Lease Expiration
09/30/2041
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2026
Tenancy
Single
Rent Increases
5% Increase Every 5 Years
Property overview
Dollar General in Leroy
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,100 SF
- Land area
- 2.19 acres
- Year built
- 2026
- Lease type
- Absolute NNN
- Lease expiration
- 09/30/2041
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.