Sold1 / 7Retail – Discount / GroceryMission, TXCode AMC-5489
DOLLAR GENERAL – Mission, TX
Mission, TX
Status
Sold
Closed Jun 26, 2026 · Listed Mar 23, 2026
Sale price and cap rate are not disclosed. Property facts are shown as marketed.
Property details
- Tenant
- Dollar General
- Property type
- Retail – Discount / Grocery
- Lease type
- Absolute NNN
- Lease guarantee
- Corporate Guarantee (Credit-Rated)
- Term remaining
- 5.7 yrs
- Lot size
- 600 AC
- Listing code
- AMC-5489
Investment highlights
- MSA Location: Positioned within the McAllen–Edinburg–Mission, TX MSA, totaling roughly 900K residents
- University Presence: Near UTRGV, Texas A&M Higher Education Center, South Texas College, and additional campuses, serving ±70,000 students
- Medical Hub: In close proximity to major hospitals including South Texas Health System Edinburg (±202 beds), DHR Health (±500 beds), Mission Regional Medical Center (±297 beds), and Rio Grande Regional Hospital (±320 beds)
- Nearby Major Investment: Located near a planned $230 million mixed-use development adjacent to La Plaza Mall, featuring a luxury hotel, water attraction, residential, and retail housing.
- High Visibility: Situated along Moorefield Ave with exposure to approximately 4,275 vehicles daily
- Major Residential Growth: Located near the Bentsen Palm master-planned community, a 2,600-acre development expected to deliver 4,500+ homes, driving significant population growth and long-term retail demand in the surrounding trade area.
Sale description
Built in 2016, the 9,026 SF property sits on 1.82 acres and is leased to Dollar General under a NNN lease structure with no landlord responsibilities. The tenant covers taxes, insurance, roof, parking lot, HVAC, and common area maintenance, creating a truly passive investment opportunity.
Dollar General signed a 15-year lease beginning December 2016, with the initial term running through November 2031 and five additional 5-year renewal options, each featuring 10% rent increases.
The property is positioned along N Moorefield Rd with exposure to approximately 4,275 vehicles per day and benefits from nearby demand drivers including UT Rio Grande Valley and South Texas College (~65,000+ students), major healthcare systems, and significant residential growth from the 2,600-acre Bentsen Palm master-planned community (4,500+ homes) and the planned $230M Boeye mixed-use development.
With passive NNN income, long-term lease security, and strong population growth throughout the Rio Grande Valley, this offering provides investors with stable cash flow backed by a nationally recognized necessity-based retailer.
Published Mar 23, 2026. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.
Location
Mission, TX
Pin placed from the listed street address. Site boundaries and conditions are described in the offering memorandum.
Open in Google MapsDemographics
Population and average household income by radius from the site, as marketed.
| Radius from site | Population | Average income |
|---|---|---|
| 3 Mile | 14,033 | $43,403 |
| 5 Mile | 40,642 | $49,272 |
| 10 Mile | 250,873 | $68,986 |





