
CVS - Bridge City, TX (Currently Dark)
485 Texas Avenue, Bridge City, TX, 77611, US
1,293 ㎡
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire a Dollar General Portfolio, which is comprised of three retail locations totaling 27,042 SF in the McAllen-Edinburg-Mission MSA in Texas (“Portfolio” or “Properties”). The Properties are operated by Dolgencorp of Texas Inc., a wholly-owned subsidiary of Dollar General (“Tenant”), operating on NN leases with ±5.7 years of lease term remaining, and two, five-year option. The Tenant has a near 20-year operating history on the sites, recently executing a 5-year extension which added two contractional 5-year options.
The Portfolio consists of three strategically positioned Dollar General stores located in Pharr, Mercedes, and Donna, Texas. Each property benefits from Dollar General's corporate guarantee and features a consistent lease structure with a 10% rent increase at the start of each renewal option. Combined, the Portfolio generates $221,615 in annual base rent.
The Properties are located within the McAllen-Edinburg-Mission MSA, the fifth-largest metro area in Texas with a total population of 913,923. The MSA is a significant cross-border trade hub with three international trade bridges and $17.5 billion in 2025 total retail sales, the highest of any Texas border metro. The region benefits from its strategic position along the U.S.-Mexico border, ongoing infrastructure investment, and a diverse economic base anchored by healthcare, international trade, retail, and education.
Dollar General (NYSE: DG) is a leading discount retail chain in America with $42.72 billion in 2025 corporate revenue, an S&P credit rating of BBB, and over 20,893 locations across North America. The company maintains strong financial stability with $30.96 billion in assets and employs over 194,000 people. Dollar General's fiscal 2026 outlook projects net sales growth of 4.2%, same-store sales growth of 2.7%, and the remodeling of 4,250 stores.
This unique opportunity allows investors the ability to acquire a solid income stream from an investment-grade, nationally recognized discount retailer with high intrinsic real estate value, in one of the fastest growing metro areas in the United States


