Log In/Sign Up
Your email has been sent.
DOLLAR GENERAL | 15 YR NNN w/ RENT INCREASES 4819 Heritage Pkwy 9,100 SF Retail Building Leroy, TX 76654 $2,144,708 ($235.68/SF) 6.50% Cap Rate
Investment Highlights
- 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
- Located along the Dominant I-35 Growth Corridor, Situated Midway Between Dallas–Fort Worth and Austin.
- No General Merchandise Retail Exists within the Immediate Leroy Trade Area, Positioning the Subject Property as the Primary Everyday Convenience.
- Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s and Annual Revenue Exceeding $42.72 Billion.
- McLennan County has Grown over 16% Since 2010, Reaching an Estimated 273,692 Residents in 2026.
Executive Summary
Dollar General | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2026 Construction | Limited Competition | Primary FM 2311 Arterial Frontage | Dallas–Austin I-35 Corridor | Underserved Immediate Trade Area | Amazon Resistant Investment Grade Retail Concept
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2026
Price
$2,144,708
Price Per SF
$235.68
Cap Rate
6.50%
NOI
$139,406
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.19 AC
Frontage
296’ on Heritage Park
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
- 9,100 SF
- -
- Triple Net
- Sep 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | Retailer | 9,100 SF | - | Triple Net | Sep 2041 |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 50-003889-000103-0 | Improvements Assessment | $13,240 |
| Land Assessment | $58,240 | Total Assessment | $71,480 |
Property Taxes
Parcel Number
50-003889-000103-0
Land Assessment
$58,240
Improvements Assessment
$13,240
Total Assessment
$71,480
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
DOLLAR GENERAL | 15 YR NNN w/ RENT INCREASES | 4819 Heritage Pkwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.