813-815 Hutchins Ave 15,798 SF 100% Leased Retail Building Ballinger, TX 76821 $670,165 CAD ($42.42 CAD/SF) 10.98% Cap Rate

The EngVest Group is pleased to present the opportunity to acquire a unique two-property portfolio in Ballinger, Texas, consisting of a Dollar General with a strong corporate guarantee and an adjacent storefront retail building. This offering provides investors with stable cash ?ow from a nationally recognized investment-grade tenant while also presenting additional upside through the neighboring retail space, making it an ideal acquisition for both passive investors and owner-users. The properties may be purchased together or individually to accommodate a variety of investment strategies.
The Dollar General is secured by 5 years remaining on a Modi?ed Net fee-simple lease and is backed by Dollar General Corporation (S&P: BBB), providing dependable income from one of the nation's leading discount retailers. Under the lease, the tenant is responsible for insurance and non-structural maintenance, while the landlord is responsible for the roof, structure, foundation, and real estate taxes. To further enhance the investment, the Seller will execute a 1-year Master Lease on the adjacent storefront retail space at closing, providing immediate rental income and allowing the future owner time to pursue a long-term leasing strategy or transition the space to an owner-user.
The property has been recently renovated with a new roof, HVAC units, and water heater, demonstrating continued investment in the asset. As the only dollar store within a 15-mile radius, the location bene?ts from a captive customer base and serves as an essential retail destination that has consistently demonstrated resilience during economic downturns, the growth of e-commerce, and changing consumer spending habits.
Strategically positioned on the hard corner of Hutchings Avenue (Highway 67) with more than 10,760 cars per day, the property enjoys outstanding visibility and convenient access. The surrounding area is anchored by numerous community and employment drivers, including the County Courthouse, hospital, schools, churches, warehouses, and other local businesses that support consistent consumer traf?c.
With an attractive price point well below replacement cost, immediate income from both the Dollar General lease and the Seller Master Lease, and future value-add potential through the adjacent retail space, this portfolio represents a compelling opportunity for investors seeking stable cash ?ow, national credit tenancy, and long-term upside in a well-established Texas community.