Dollar General

Mathis is a city in San Patricio County, Texas, United States. In 1887, when the San Antonio and Aransas Pass Railroad was laying tracks across San Patricio County, Thomas H. Mathis received naming rights when he donated 300 acres (1.2 km2) for a townsite and school. Mathis and his brother J. M. Mathis, held 37,000 acres (150 km2) in the vicinity. The brothers had dropped out of the Coleman, Mathis, Fulton Cattle Company in 1879. Thomas Mathis owned an additional 60,000 acres (240 km2) around Mathis and built a fence enclosing the town. As late as 1906, Mathis was enclosed and arriving and departing trains had to be let in and out. Mathis' success was partially fueled by residents of Lagarto moving to be near the railroad. The Mathis post office opened in 1890 and the town's first school was held in a private residence in 1893. Two years later, a one-room school was built, and in 1913, a second railroad (the San Antonio, Uvalde and Gulf Pacific) arrived. Cotton and corn crops were raised and ranching was an important part of the economy. During the 1930s, winter vegetable crops were grown and both railroads maintained shipping sheds. Mathis incorporated in 1939. In the early 1950s, 7,000 acres (28 km2) of land two miles (3 km) north of town were developed for vegetable crops—complete with irrigation and deep-water wells. Cotton, corn, and sorghum replaced vegetables in the 1960s. In the 1930s, the Nueces River was dammed and Lake Mathis (since renamed Lake Corpus Christi) was formed. Construction of the Wesley Seale Dam in the late 1950s raised the level of the lake to where it became desirable for weekend homes.Exclusive Realty is pleased to present this 10,566 SF Dollar General store located in Mathis, Texas. The property has an Absolute NNN Lease, leaving zero Landlord Responsibility. The Lease is guaranteed by Dollar General which holds a credit rating of "BBB" and this is classified as investment grade. The subject offering represents 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 nations top dollar stores.