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Investment Highlights

  • Unique opportunity to acquire a 15 year absolute NNN Dollar General in the Texas Hill Country
  • 10,640 Dollar General "Plus" Store on over 4 acres of land
  • Store opened in March of 2023, 12 years remaining on original 15 year absolute NNN lease
  • Located 22 miles from Kerrville and 25 miles from Boerne, providing strong connectivity across the core Hill Country corridor

Executive Summary

Unique opportunity to acquire a 15 year absolute NNN Dollar General in the Texas Hill Country, one of the most supply-constrained, iconic, and desirable regions in the state. Hill Country Dollar Generals like in Bandera, with close proximity to San Antonio and Austin, are exceptionally rare.
Store opened in March of 2023, 12 years remaining on original 15 year absolute NNN lease, 10,640 Dollar General "Plus" Store on over 4 acres of land.
Bandera, Texas is a historic Hill Country community known as the "Cowboy Capital of the World," offering a unique blend of tourism, heritage, and steady local demand. Located in the scenic Texas Hill Country, Bandera attracts visitors year-round with its authentic western culture, including rodeos, dude ranches, live music, and outdoor recreation along the Medina River.
Located 22 miles from Kerrville and 25 miles from Boerne, providing strong connectivity across the core Hill Country corridor, 40 miles northeast of the San Antonio metro area.
Corporate-guaranteed lease by Dollar General (NYSE: DG), 19,000+ locations nationwide, and strong credit rating BBB+, market capitalization of approximately $42 billion.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
10,640 SF
Year Built
2023
Price
$2,279,131 CAD
Price Per SF
$214.20 CAD
Cap Rate
6%
NOI
$136,748 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
4.24 AC

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Dollar General
  • -
  • 99,999 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Dollar General - 99,999 SF - -
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
195562
Land Assessment
$258,197 CAD
Improvements Assessment
$1,703,299 CAD
Total Assessment
$1,961,495 CAD
  • Listing ID: 40215266

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 262 Reidquest rd, Bandera, TX 78003

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