3405 E Main St
Alton, TX 78573
Brand New Development Dollar General #17736 · Retail Property For Sale

Brand New Development Dollar General | Alton, TX KW Net Lease Advisors is pleased to present the opportunity to acquire a Brand New Development, Net Leased, Corporately Guaranteed Dollar General that is located in one of the strongest Dollar Store markets in the US. Dollar General's lease is set to commence in May 2017 and features a full 15-Years of Passive Income. The lease also contains 4 (5) Year Options to Extend with 10% Increases at each option. The Subject Property is located in Alton, Texas on a lighted intersection that features over 10,000+ VPD. The immediate area has sustained rapid growth since 2000 almost quadrupling in size and is highlighted by the 160,000+ residents within a 5-mile radius of the property. The site sits adjacent to an Exxon Gas Station that also features a blend of regional/national tenants. Alton, Texas is located in the heart of the Texas Valley which has seen tremendous growth over the past decade. The McAllen-Edinburg-Mission and Reynosa MSA (which Alton is a part of) has been one of the fastest growing MSAs in the United States. With continued growth projected in the region, the South Texas Valley continues to be one of Dollar General's Strongest Markets.