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American Net Lease Facilitates Sale of Dollar General in Conroe, Texas
EntSun News/11080422
CONROE, Texas - EntSun -- American Net Lease, a leading advisory firm specializing in single-tenant net lease investments, is pleased to announce the successful sale of a Dollar General property located in Conroe, Texas, which recently closed for $2,165,236. The firm represented the transaction, highlighting continued investor demand for essential retail assets in income tax–free states.
The property features a 10,556-square-foot "Plus" size Dollar General prototype, designed to accommodate higher projected sales volumes. The asset is backed by an investment-grade, corporate-guaranteed tenant with more than 13 years remaining on the primary lease term, offering long-term income stability.
"Dollar General continues to be one of the most sought-after net lease tenants in the market, particularly for buyers focused on durable cash flow and downside protection," said Dwaine Clarke, Managing Broker of American Net Lease. "This Conroe location offered an ideal combination of scale, lease term, and tenant credit, making it an excellent fit for investors seeking recession-resistant income in Texas."
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Located in an income tax–free state, the Conroe asset benefits from strong regional fundamentals and ongoing population growth across the greater Houston metro area. Larger-format Dollar General stores have become increasingly attractive as the brand expands its product mix and captures higher average ticket sales.
The transaction was facilitated by Dwaine Clarke, Managing Broker, and Quinn Mitchell, Associate Broker, of American Net Lease.
The property represents an ideal investment for passive buyers seeking long-term, stable returns backed by a nationally recognized essential retailer.
About American Net Lease
American Net Lease is a buyer-focused net lease advisory firm helping investors acquire essential retail, medical, and QSR assets across the United States. The firm specializes in guiding clients through acquisitions designed to deliver stable, passive income and long-term wealth preservation.
Media Contact:
Dwaine Clarke
Founder, American Net Lease
Email: admin@americannetlease.com
Website: https://www.americannetlease.com
The property features a 10,556-square-foot "Plus" size Dollar General prototype, designed to accommodate higher projected sales volumes. The asset is backed by an investment-grade, corporate-guaranteed tenant with more than 13 years remaining on the primary lease term, offering long-term income stability.
"Dollar General continues to be one of the most sought-after net lease tenants in the market, particularly for buyers focused on durable cash flow and downside protection," said Dwaine Clarke, Managing Broker of American Net Lease. "This Conroe location offered an ideal combination of scale, lease term, and tenant credit, making it an excellent fit for investors seeking recession-resistant income in Texas."
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Located in an income tax–free state, the Conroe asset benefits from strong regional fundamentals and ongoing population growth across the greater Houston metro area. Larger-format Dollar General stores have become increasingly attractive as the brand expands its product mix and captures higher average ticket sales.
The transaction was facilitated by Dwaine Clarke, Managing Broker, and Quinn Mitchell, Associate Broker, of American Net Lease.
The property represents an ideal investment for passive buyers seeking long-term, stable returns backed by a nationally recognized essential retailer.
About American Net Lease
American Net Lease is a buyer-focused net lease advisory firm helping investors acquire essential retail, medical, and QSR assets across the United States. The firm specializes in guiding clients through acquisitions designed to deliver stable, passive income and long-term wealth preservation.
Media Contact:
Dwaine Clarke
Founder, American Net Lease
Email: admin@americannetlease.com
Website: https://www.americannetlease.com
Source: American Net Lease
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