Property Details
For Sale | Exclusive Net-Lease Offering Dollar General | Lipan, Texas
For Sale | 222 West Lipan Drive, Lipan, Texas
Brand new 2019 construction corporate Dollar General | S&P BBB rating | Ranked #128 on the Fortune 500 List
New Fifteen (15) year absolute NNN lease commencing February of 2019 | No landlord responsibility
Strong income demographics with $66,980, $71,930 and $78,445 AHI within a one, three and five mile radius respectively
Dollar General is the country’s largest small-box discount retailer and has achieved 26 consecutive years of same store sales growth | Sales increased 7.9% in 2016 to $21.9 billion
Amazon resistant retailer experiencing explosive growth | Dollar General plans to open 900 stores for the second year in a row
Dollar General has become a shopping staple across the country with 15,000 stores in 44 states
7,500 SF on 0.891 Acre Lot
Lease Commences Early March 2019
Lease Expires Early March 2034
Rent Increases: In Option Periods
Options: Three (5)-Year Periods
- Property TypeRetail
- Total Acres0.17
- Property ID2117284