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DOLLAR GENERAL w/ RENT INCREASES | 15YR NNN 1548 FM 116 10,566 SF Retail Building Copperas Cove, TX 76522 $4,220,950 CAD ($399.48 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
  • Strategically positioned near U.S. Hwy 190 (20K+ VPD), this site enjoys constant exposure to commuters between Copperas Cove and Fort Cavazos.
  • Brand New 2025 High Quality Construction. Dollar General Market is a Larger Format Store with Expanded Grocery Offerings.
  • Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Investment Grade Credit Rating “BBB” by S&P’s and Annual Revenue Exceeding $40.61B.
  • Well Above Average Demographics for a Dollar General: Features more than 50k People Residing within a 5-Mile Radius.

EXECUTIVE SUMMARY

Dollar General Market | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2025 Construction | Well Above Average Demographics for a Dollar General | Larger Format Store Concept | Minutes from Fort Cavazos | Strategic Highway Location | Amazon Resistant Investment Grade Retail Concept

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$4,220,950 CAD
Price Per SF
$399.48 CAD
Cap Rate
6.25%
NOI
$263,809 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.83 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Dollar General
  • Retailer
  • 10,566 SF
  • -
  • Triple Net
  • Sep 2040
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Dollar General Retailer 10,566 SF - Triple Net Sep 2040

NEARBY MAJOR RETAILERS

Bush's Chicken
Buddy's Home Furnishings
Cadence Bank
Educators Credit Union

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
144624
Land Assessment
$207,825 CAD
Improvements Assessment
$0 CAD
Total Assessment
$207,825 CAD
  • Listing ID: 37322050

  • Date on Market: 2025-08-12

  • Last Updated:

  • Address: 1548 FM 116, Copperas Cove, TX 76522

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