Dollar General Double Net (NN) 8090 Doniphan Drive, El Paso (Vinton), TX Cap Rate 7%

Cap Rate: 7%
NOI: $83,563
Building Size: 9,100 sqft
Lot Area: 1.3 acres
Lease Type: Double Net
Year Built: 2010
Price Per Sqft: $131.18

Price: $1,193,753 USD

DESCRIPTION
Sands Investment Group is Pleased to Exclusively Offer For Sale a 9,100 SF Dollar General in El Paso (Vinton), TX. This Opportunity Includes a Corporate Guarantee From a High Quality Tenant That Has Been Deemed an Essential Business, Providing For a Secure Investment.

HIGHLIGHTS

• Corporate Guarantee From Investment Grade Tenant Dollar General Corporation (NYSE: DG); Dollar General Has Been Deemed an Essential Business
• Dollar General Exercised the First Option in March 2020 and Took the 10% Rental Increase; Showing Commitment to the Site
• Dollar General Has Hired Over 50,000 New Employees to Support Operations Across Its Organization Amid Heightened Demand to Meet Customers Essential Needs
• Dollar General Makes a Compelling Investment Opportunity in Light of the Country’s Current Economic Challenges, Read More Here
• Wells Fargo Believes Dollar General is Best-Positioned For COVID-19 Economic Fallout; Read More Here
• Demographics Include a Population of 151,738 Residents Making an Average Household Income of $83,093 Within a 10-Mile Radius
• Vinton is Located Between the Two Major Cities of El Paso, TX and Las Cruces, NM Along Interstate 10; a Major Thoroughfare Between the 2 Cities Which Sees Traffic Counts
Exceeding 116,563 VPD
• Vinton is a Northern Suburb of El Paso Which is the 6th Largest in the City in the State of Texas and Has a Population Estimate Over 800,000 Residents
• The Franklin Mountains State Park is Less Than 10-Miles Away and Offers Visitors Hiking, Biking, Rock Climbing, Camping, Geocachings and Bird Watching
• The Sunland Park Racetrack & Casino is a Short 20 Minute Drive Across the Texas New Mexico Border; In Addition They Offer Live Music on the Weekends, Luxury
Accommodations, Event Spaces and Several Restaurants
• Nearby Tenants Include: Old Navy, Family Dollar, AutoZone, Starbucks, Nike, IHOP, Whataburger, Subway, H&M, O’Reilly Auto Parts, McDonald’s and More

For more information
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
# ID de Propiedad: 358038156
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.