(2) Dollar General Portfolio

Gardendale: Gardendale is an unincorporated area and census-designated place (CDP) in Ector County, Texas, United States. The population was 1,574 at the 2010 census, up from 1,197 at the 2000 census. It is part of the Odessa, Texas, Metropolitan Statistical Area. Gardendale is located in northeastern Ector County. Texas State Highway 158 forms the northern edge of the community. Downtown Odessa is 14 miles (23 km) to the south. According to the United States Census Bureau, the Gardendale CDP has a total area of 11.49 square miles (29.75 km2), of which 0.02 square miles (0.05 km2), or 0.16%, is water. Gardendale was a planned agricultural community developed by a San Antonio developer in 1908 to take advantage of the newly irrigated acreage in South Texas. Anderson: Anderson is a city and county seat of Grimes County, Texas, United States. The town and its surroundings are listed on the National Register of Historic Places as the Anderson Historic District. The town is named for Kenneth Lewis Anderson, a vice-president of the Republic of Texas, who died here at the Fanthorp Inn in 1845. Long occupied by indigenous peoples, this area was initially settled by Europeans and creole Spanish during Spanish colonial rule. Anglo-Americans began to enter the area in the 1820s from the Southern United States. After Mexico achieved independence, it accepted additional settlers from the United States into eastern Texas. It allowed them to practice their own religion, if they swore loyalty to Mexico. A few structures in town date from this period. Texas achieved independence in 1836 and settlers continued to arrive from the United States. As they came mostly from the South and brought slaves with them, Grimes and other eastern counties had the highest proportion of slaveholders and slaves in the republic. Grimes County was organized in 1846, soon after the Republic of Texas was annexed by the United States. Henry Fanthorp, a new Anglo-American settler in Texas, offered land for the county seat. The town grew quickly between 1846 and 1885, reaching a peak population of about 3,000 people. County population was majority-black and enslaved by 1860. The black majority continued until many African Americans left during the 20th century in the Great Migration, to leave behind Jim Crow conditions.Anderson in 1859 rejected being connected to the Texas and Central Railroad, and was soon surpassed in population and economic growth by Navasota, Texas. The town was incorporated, but records show elected officials only for the years 1867 and 1875. I In 1995, John Freeman was elected as the first mayor, and the town was incorporated in 1998. He retired in 2003 and Gail Sowell was elected as mayor.Exclusive Realty is pleased to present a 10,566 SF Dollar General store located in Gardenville, Texas and a 9,026 SF Dollar General store located in Anderson, Texas. The properties have Absolute NNN Leases with zero Landlord responsibility. The leases have 3 (5) year options. The leases are corporately guaranteed by Dollar General Corp. The subject offerings represent an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.