Archive for: TX

Sands Investment Group is pleased to present this Dollar General located in Whitney, Texas. Dollar General has signed an absolute NN 10 year lease, which commenced in 2008. This corporate Guaranteed Lease offers three 5-Year options to extend.

Dollar General is publicly traded on the New York Stock Exchange and is a BBB- Investment Grade Credit Tenant.

Sands Investment Group is pleased to offer for sale an absolute NNN ground lease  7 Eleven asset located just off of Highway 35 & University Parks Dr in Waco TX.  This opportunity features a brand new rare 15 year corporate lease with strong rental increases every 5 years.  At $85,000, the ground rent is significantly below market compared with other 7 Eleven opportunities on the market. The location is freeway adjacent and benefits from freeway visibility from 35.  Baylor University is located within walking distance of the subject property providing a built in market for the convenient store.  Baylor University is a private religious affiliated university that was charters in 1845.  The Baylor campus is over 1,000 acres in size. Baylor University has an endowment of over $1.004 Billion, an academic staff of 859, 12,575 undergraduate students, and 2,620 graduate students. Opening in the Fall 2014, McLane stadium represents a $250 Million investment in Baylor’s new football stadium on 93 acres which will hold 55,000 spectators.  McLane Stadium is located less than 1 mile east on South University Parks Drive.

 

• Absolute NNN with 8 Years Remaining
• Below Replacement Cost -$92 PSF
• Strong Trade Area Including Dillard’s, Sears, JCPenney, Carmike Cinemas, Target, BestBuy, Michaels, TJ Maxx, Petco, Starbucks, Bed Bath & Beyond
• Amazing Location Next to Longview Mall and Tomlinson Pkwy
• Longview MSA Boasts Low Unemployment

 

• Ideally located in a prime location on N Yarbrough Drive, which is considered as one of the top retail thoroughfares in El Paso
• Excellent access and visibility from the I-10 Interstate with freeway access directly off both N Yarbrough Drive and Corral Drive providing two separate points of ingress and egress from the I-10
• Dense and affluent regional trade area with over 135,000 residents within a 3-mile radius
• Immediate trade area supply constrained with no sites available for future development
• Ross’s sales improved by 27% from 2011-2013 due to re-tenanting of the shopping center which improved traffic flow amongst all tenants
• Over 176,000 cars per day on the I-10 Interstate with the Ross being one the most visible tenant within the center given the elevation