929 N 8th St
Gunter, TX 75058
Dollar General · Retail Property For Sale

The Dollar General located in Gunter, Texas, north of Dallas, provides an investor with the opportunity to capture the upside potential of the continued northern growth of the Dallas-Fort Worth Metroplex through the acquisition of an established, net-leased Dollar General store. The 9,014 square foot store on 1.23 acres of land began operation in the new facility in 2005 and has renewed its lease for this location twice previously. The investment grade-backed tenant has almost seven years left until lease expiration, providing an investor safe, steady income along with anticipated property appreciation as the planned North Dallas Tollway extension approaches the city of Gunter. State Highway 289 (8th Street in Gunter, also Preston Road to the south), has been recently extended from Dallas all the way to Pottsboro near the Oklahoma border, and widened in many areas. The property is located directly across from Gunter High School and Middle School, adjacent to a Sonic Drive-In and just north of a Landmark Bank building with drive-thru. Three of the four air-conditioning units were replaced in 2013 along with later improvements made to the roof and parking area. Additional work was completed to cure deficiencies per an ADA compliance evaluation.