February 10, 2025 – Michael Mintz of Horvath & Tremblay has successfully completed the sale of Dollar General in Jourdanton, Texas. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $510,000.
Dollar General is located at 501 W State Highway 97 in Jourdanton, Texas. Dollar General has been at this location since it was constructed in 2003 (20+ years) and has executed multiple renewal options, demonstrating commitment to the site and the market. There are 4+ years of term remaining on the lease. Dollar General has a double net lease and reimburses 100% of the real estate taxes, insurance and common area maintenance, making it an attractive investment for the passive real estate investor. The Landlord is responsible for the roof & structure and HVAC replacement and repairs over $1,000. The Property benefits from its location along State Highway 97, one of the area’s primary commercial and commuter corridors. Dollar General has outstanding visibility and frontage with a pylon sign and easy accessibility. The Property is positioned down the street from Jourdanton’s downtown, which is centered around the signalized intersection of State Highway 97 with State Highway 16 and houses the city’s municipal offices. Dollar General is the primary shopping destination in Jourdanton.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.