April 30, 2025 – Kyle Danielson of Horvath & Tremblay has successfully completed the sale of Dollar General in Kingsland, Texas. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $2,121,672.
Dollar General is located at 14350 FM 1431 in Kingsland, Texas. Dollar General occupies a 10,566 square foot building positioned on a 1.50-acre parcel of land and has 13+ years remaining on their Absolute NNN Lease with five (5), 5-year renewal options. The lease features attractive 10% rent increases at the start of each of the renewal options, providing the investor with an attractive increase in revenue and a hedge against inflation. Dollar General is situated along FM 1431, the area’s primary commercial and commuter corridor. The property is ideally positioned next to the Colorado River and approximately seven miles north of Lake Lyndon B. Jonson, a popular tourist site with lake homes, RV parks, and the Horseshoe Bay Resort & Yacht Club. Kingsland is in central Texas approximately 50 miles northwest of Austin.
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.