FOR SALE: Dollar General “Plus” – La Feria, TX
10,566 SF | 2023 Build | NNN Lease w/ Rental Increases | 36,000 Population (5-Mile Radius)
10,566 SF | 2023 Build | NNN Lease w/ Rental Increases | 36,000 Population (5-Mile Radius)
TD Commercial Group is pleased to exclusively present a rare opportunity to acquire a brand new Dollar General “Plus” size prototype located in the high-growth Rio Grande Valley region of South Texas. Built in 2023, this 10,566 SF freestanding retail store sits on 1.1 acres in La Feria, TX—part of the fast-growing Brownsville–Harlingen MSA.
This investment features a corporate-guaranteed, triple net (NNN) lease with built-in rental escalations and zero landlord responsibilities, ideal for investors seeking hands-off income and stable credit. Investment Highlights
- Brand New 2023 Construction – No deferred maintenance
- NNN Lease w/ Scheduled Rent Increases
- Strong Corporate Guaranty – Dollar General Corp. (NYSE: DG, S&P: BBB)
- “Plus” Prototype – Over 10,000 SF of expanded retail offering
- 36,000+ Residents within a 5-mile radius
- Located on N FM 506 – Over 6,700 Vehicles Per Day
- High-Yield Market w/ Lower Competition
Financial Summary
- Asking Price: $2,094,000
- Cap Rate: 6.50%
- Annual Net Operating Income (NOI): $136,110
- Monthly NOI: $11,342.50
- Lease Type: Absolute NNN – No landlord responsibilities
Location Insights
- Market: La Feria, TX – Located in Cameron County, part of the Brownsville–Harlingen metro
- Region: Rio Grande Valley – One of Texas’ fastest-growing population corridors
- Surrounding Tenants: Schools, residential growth, and regional retailers nearby
Why Investors Like This Deal
- Stable Passive Income with 100% occupancy and a national credit tenant
- Future Upside from rent escalations in both base and option periods
- Brand New Construction in a growing market with long-term tenant stability
Next Steps
If you are interested in submitting an offer, complete a non-binding LOI here:
https://www.netleaseworld.com/letter-of-intent/
If you are interested in submitting an offer, complete a non-binding LOI here:
https://www.netleaseworld.com/letter-of-intent/
For direct inquiries, contact: