Investment Overview
The EngVest Group is pleased to present the Dollar General property located at 804 S. Slaughter Ave in Sundown, TX, representing a premier net lease investment opportunity featuring 4.5 years of remaining lease term on a Fee-Simple NN lease with minimal landlord responsibilities. The lease is backed by an investment-grade corporate guaranty from Dollar General Corporation (NYSE: DG | S&P: BBB), providing investors with ultimate security from one of the nation’s most recession-resilient essential retailers. Built-in 5% rental increases at each option period offer continuous protection against inflation and predictable income growth over the hold period.
Investment Highlights
- Fee-Simple NN Lease Structure: Low-maintenance investment featuring 4 ½ years of initial term remaining with minimal landlord responsibilities.
- Strong Corporate Guaranty (S&P: BBB): Leased to Dollar General Corporation (NYSE: DG), an investment-grade, recession-resilient essential retailer with proven immunity to e-commerce and economic downturns.
- Captive Regional Market (Monopoly Location): The only national retailer and dollar store within a 10-mile radius, serving as an essential daily-needs hub for the surrounding trade area.
- Built-in Inflation Hedge: 5% rent escalations at each option period, providing steady income growth (next increase occurring in 2031).
- Low-Barrier Price Point: Attractive, highly accessible deal size for private investors or 1031 buyers seeking stable passive cash flow.
- Prime Hard-Corner Site & High Visibility: Strategically positioned at the hard corner of South Slaughter St. and West Richardson St., benefiting from dual access points and 3,600+ vehicles per day (VPD).
- Downtown Civic & Community Anchor: Located in the heart of Sundown, adjacent to key local drivers including Sundown High School, City Hall, the U.S. Post Office, and emergency services.