Investment Opportunity - Retail Plaza 10410 Coral Springs
Brand-New Dollar General Market: 2025 construction offering 14.5+ years remaining on the initial lease term, ensuring long-term stability and minimal risk.
Absolute NNN Lease: No landlord responsibilities; Dollar General covers all taxes, insurance, and maintenance.
Corporate guarantee from Dollar General Corporation (NYSE: DG), an investment-grade tenant (S&P: BBB).
Strong Rent Growth: 5% rent increases every 5 years, offering predictable income appreciation and inflation hedge.
Located in Cleveland, TX, 42 miles from Downtown Houston, serving a local population of 19,000+ with a 17.38% projected growth by 2030.
Excellent visibility along County Rd 343 (5,800+ daily traffic) and limited retail competition, making this Dollar General the primary retail destination for surrounding residents.
Location
7297 FM 1010 Rd, Cleveland, TX 77327
More Details
Base Rent:
Cap Rate:
Leasable Area:
Lot Size:
Year Built/renovated:
Parking:
Guarantor:
Term:
Renewal Options:
Rent Increases:
$170,961
6.25%%
10,566 sf
1.88 Acres
2025
20+
Dollar General Corporation (NYSE: DG)
6/11/2025 - 6/30/2040
Five (5), 5-Year, 5%
5% Every 5 Years