Property Listing No Longer Available for Sale

US Hwy 281 & Main St, Santa Maria, TX

Retail for Sale - $1,389,731 - 9,046 Sq. Ft. on 0.9 acres


Property Info

CIMLS#968465
Location
  US Hwy 281 & Main St
  Santa Maria TX 78592
UpdatedNovember 12th, 2017
TypeRetail
Price$1,389,731
Building9,046 Sq. Ft.
Land0.9 acres

Property Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a New Development, Absolute Net Leased, Corporately Guaranteed Dollar General in the Income Tax Free state of Texas. Dollar General signed a 15-Year Lease with rent set to commence March 2018.

Location Description:

The Dollar General is located in the town of Santa Maria, Texas along US HWY 281, which features over 6,000+ VPD. Santa Maria is home to Santa Maria ISD and includes an Elementary, Middle and High School which serve the students of Santa Maria along with nearby communities. This location will serve as the main provider of retail/home goods for the town and fill a much needed void.

Highlights:

>> Brand New 15-Year Absolute Net Leased Dollar General - Rent Commences March 2018

>> Limited Competition - This Location will Serve as Main Provider of Home and Retail Goods for the City

>> Located Along US HWY 281 (6,000+ VPD) - 5-Mile Population Radius of 8,000

>> Dollar General Continues to Dominate and Thrive in South Texas

>> Dollar General's BBB Credit Rating the Same as Walgreens


Financials


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