Investment Overview
Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing Dollar General located in San Angelo, TX. The subject property has a hardy-plank exterior on 3-sides of the building. The San Angelo DG has a 15-year, NNN lease* with 5% increase every 5 years during the preliminary term and each option, and a rent commencement date of May 10, 2026. This Dollar General is ideally located at the entrance of the newly developed master-planned Fairway Downs subdivision (120+ lots) across from the San Angelo Country Club. San Angelo serves as the regional center for a 13 county region, and its economy is anchored by Goodfellow Air Force Base, Angelo State University, and a robust healthcare sector, ensuring a stable and growing consumer base. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. (Sources: Google Gemini, FRED, Realtor.com)
*Landlord has maintenance responsibilities for an Easement Area per a Lease Modification Agreement
Investment Highlights
- Hardy-Plank Exterior on 3-sides
- 15-Year NNN Lease with Five (5), Five (5) Year Options
- 5% Increases Every 5 Years During Primary Term & Renewal Options
- Corporate Guarantee by Dollar General Corporation
- Store is positioned at the entrance of the newly developed master-planned Fairway Downs subdivision (120+ lots) across from the San Angelo Country Club
- San Angelo serves as the regional center for 13 counties. Its economy is anchored by Goodfellow Air Force Base, Angelo State University, and Shannon Medical Center
- Goodfellow Air Force Base, home to the 17th Training Wing, supports a population of over 12,500 people, including active duty, students, and civilians
- Shannon Medical Center is the largest employer in the region with 4,300+ team members
- San Angelo is historically known as the "Wool Capital of the World," and remains the primary agribusiness and livestock processing center for the region
- Tom Green County is currently transitioning into a high-tech industrial hub, with recent significant investments, including the Skybox/Emergent data center campus
- Sources: Google Gemini, Shannon Medical Center, Tom Green County, FRED