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1915 W Highway 6, Alvin, TX, 77511

Dollar General
Closed

Key Information

Tot. SF
9,100
Year Built
2015
Term Remaining
±4.75 YRS
Type
Retail

Highlights

Lease & Location

  • Top 27% of all Dollar General’s nationwide (according to Placer. Ai)
  • 2015 build-to-suit construction for Dollar General
  • ±9,100 SF freestanding building situated on a ±2.87-acre parcel
  • Located within the Houston MSA which is home to more than 7.8 Million residents
  • Absolute NNN lease structure with no landlord obligations
  • ±4.75 years remaining on an original 15-year primary lease term
  • Attractive 10% rent escalations every five, 5-years in option terms
  • Estimated 9.18% population growth over the next 5-years
  • Average household income of $107,518 annually
  • ± 26,336 vehicles daily on Highway 6

Tenant

  • Leased to Dollar General Corporation, rated BBB by S&P (investment-grade)
  • National retailer with over 20,600 locations and active growth strategy
  • Designated essential business, demonstrating operational resilience and profitability during and beyond the COVID-19 period

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225