DOLLAR GENERAL | LA COSTE, TEXAS



INVESTMENT SUMMARY

Location
11720 W FM 2790 S

Cap Rate
7.00%

Annual Rent
$90,637.92

Building Size
9,100 SF

Land Area
1.33 Acres

Ownership
Fee Simple

Lease Type
Absolute NNN

Term Remainning
9.25 Years

LEASE EXPIRATION
06/30/2033

Renewal Options

RENT INCREASES
10% at Options

Parking
43 Spaces

Year Built
2018

APN
18846

Traffic Counts
3,327 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- 9.5 Years of Guaranteed Lease Term
- 2018 Build-to-Suit Dollar General
- Five (5) - Five (5) Year Option Periods with 10% Rental Increases
A TRUE COUPON CLIPPER | ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Property Taxes
PROXIMITY FROM LA COSTE, TEXAS:
- San Antonio, TX | 25 Miles
- Fredericksburg, TX | 85 Miles
- Austin, TX | 103 Miles
- Corpus Christi, TX | 166 Miles
- Waco, TX | 204 Miles
- Houston, TX | 219 Miles
- Dallas, TX | 297 Miles
TRADE AREA DEMOGRAPHICS:
- 1-Mile: 723 Residents; $208,672 Average Household Income
- 3-Mile: 2,634 Residents; $153,952 Average Household Income
- 5-Mile: 11,356 Residents; $109,133 Average Household Income
- 7-Mile: 34,969 Residents; $85,823 Average Household Income
- 10-Mile: 126,110 Residents; $95,238 Average Household Income
EXPLOSIVE POPULATION GROWTH:
- 1-Mile Annual Population Growth = 2.03% (10.09% Over the Next 5 Years)
- 3-Mile Annual Population Growth = 8.21% (41.07% Over the Next 5 Years)
- 5-Mile Annual Population Growth = 8.13% (40.65% Over the Next 5 Years)
- 7-Mile Annual Population Growth = 7.78% (38.90% Over the Next 5 Years)
- 10-Mile Annual Population Growth = 6.56% (32.80% Over the Next 5 Years)
TENANT:
- Dollar General Corporation (NYSE: "DG")
- Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
- Ranked #108 on the Fortune 500 List