855 E Pine St
Edgewood, TX 75117
Dollar General · Retail Property For Sale

The subject offering affords investors the rare opportunity to acquire a corporately guaranteed Dollar General with a long track record of success at an attractive bite-sized price point. Located along the town’s most trafficked corridor and directly across the street from Edgewood's elementary, middle and high Schools, this store is primed for sustained success at the unit level – a claim supported by consistently strong sales revenue and Dollar General’s recent election to extend the lease early. The subject investment benefits from exceptional real estate fundamentals as base rent per square-foot is below market at $5.05 and the base rent to sales ratio is only 2.67 percent. There are over five years remaining on the lease with no additional option periods remaining. Accordingly, a savvy investor will recognize the opportunity to increase cash flow by negotiating a new lease towards the end of the lease term. Approximately 60 miles east of Dallas, Edgewood is a town in Van Zandt County, Texas and draws its name from its location on the far western edge of the East Texas timberline on US Highway 80. Located on East Pine Street, a highly trafficked four-lane road, the subject property draws from a broad consumer base given the limited competition in the surrounding trade areas. The three-mile, five-mile, and ten-mile radius populations from the subject property are 2,815, 5,645 and 22,776. Notably, financial demographics in the area are ideal for Dollar General with a median household income of $48,226. Dollar General Corporation operated 13,429 stores located in 44 states as of March 3, 2017. The company is publicly traded under the ticker symbol “DG” on the New York Stock Exchange and maintains investment grade status with every major national credit rating agency. Dollar General ranks #139 on the Fortune 500 list.