15550-15560 W State Highway 29
Liberty Hill, TX 78642
Retail Property For Sale

Marcus & Millichap is pleased to exclusively offer for sale the Dollar General located at 15560 W State Hwy 29, Liberty Hill, TX 78642. This 9,014 SF net-leased asset was built in 2004 is situated on 1.13 AC of land.
Dollar General's occupancy has spanned over 20 years via their double net lease. The tenant extended the lease in 2023, and they have an additional 3, Five Year Options, with an ~8 percent increase in the first option, and 10 percent rental increases thereafter. Recent landlord improvements include re-plumbing work done in 2025 and installing LED lighting in 2022.
The site benefits from both access (via easement) and direct frontage on State Highway 29, boasting 30,200 VPD. The site itself benefits from close proximity (~1mi) to Liberty Hill High School and Panther Stadium and Fortis Academy across State Highway 29. Liberty Hill has benefited from tremendous growth recently, with a ~152,000 SF Costco which opened in 2026, a ~148,000 SF Target expected to open summer 2026, the planned Ace Square Walmart anchored retail development, and more development expected.
According to Placer.ai, this site ranks in the 92nd percentile nationwide, the 88th percentile within the state of Texas, and 87th percentile within 15 miles.
New residential developments include Stonewall Ranch by Taylor Morrison, Santa Rita Ranch (3,100 AC), Enclave at Liberty Hill, and many more. As such, there has been tremendous nearby growth - a 23.3 percent population growth was recorded from 2020-2025 with an average household income of $159,871. both within 3 miles of the site.