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2024 S Eddy St
Pecos, TX 79772

$444,631 USD

Convenience Store For Sale  •  15,000 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 15,000 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 1983
  • Cap Rate 9.50 %
  • Tenancy Single
  • Zoning C-1
0 Transit Score
29 Walk Score

Highlights

Long-Term Dollar General Tenancy – (Since 1999) Dollar General has operated at this location for over 25 years.
Corporate Guarantee Lease – Guaranteed by DolgenCorp of Texas, Inc., a subsidiary of Dollar General Corporation (BBB credit rating).
Double Net (NN) Lease – Minimal Landlord Responsibilities. Tenant handles interior/exterior maintenance, HVAC, plumbing, electrical, and utilities.
Rent Below Market – With Upcoming 15% Option Increase Current rent: $3,520/month ($42,240 annually). Next 5-year option features a 15% rent bump.
High-Performing Store Ranking – The store ranks in the top 17% of all Dollar General stores in Texas and top 19% nationally.
Strong Retail Fundamentals – Located on S. Eddy Street, which sees 11,500 vehicles per day, serving a growing trade area with increasing population.

Property Flyers

Cap Rate: 9.50 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Michael Tamir 646-921-9713 Matthews Real Estate Investment Services
Michael Tamir 646-921-9713 Matthews Real Estate Investment Services