DOLLAR GENERAL | SAN ANTONIO, TEXAS
INVESTMENT SUMMARY
Purchase Price
$1,490,000
Location
7815 Marbach Rd
Cap Rate
6.10%
Annual Rent
$90,840.00
Building Size
9,100 SF
Land Area
1.52 Acres
Ownership
Fee Simple
Lease Type
NNN
Term Remainning
6.5 Years
LEASE EXPIRATION
10/31/2030
Renewal Options
RENT INCREASES
10% at Options
Parking
32 Spaces
Year Built
2010
APN
1150230
Traffic Counts
32,420 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- 6.5 Years of Guaranteed Lease Term
- 2010 Build-to-Suit Dollar General
- Four (4) - Five (5) Year Option Periods with 10% Rental Increases
ABSOLUTE NNN LEASE | A TRUE COUPON CLIPPER:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
LACKLAND AIR FORCE BASE:
- Located 4 Miles from the Subject Property
- Houses Over 46,577 Servicemen, Families, and Staff
- Part of Joint Base San Antonio (JBSA) - Fort Sam Houston, Randolph AFB, and Lackland AFB
- The Only Site for US Air Force and US Space Force Enlisted Basic Military Training
- Joint Base San Antonio Generated an Estimated Economic Impact of $39.2 Billion in 2021
- Joint Base San Antonio Accounted for 211,213 Direct/Indirect Jobs in 2021
TRADE AREA DEMOGRAPHICS:
- 1-Mile Population = 16,170 Residents
- 1-Mile Average Household Income = $83,952
- 3-Mile Population = 106,319 Residents
- 3-Mile Average Household Income = $88,014
- 5-Mile Population = 284,776 Residents
- 5-Mile Average Household Income = $93,431
PROXIMITY FROM SAN ANTONIO, TEXAS:
- Boerne, TX | 33 Miles
- New Braunfels, TX | 40 Miles
- Kyle, TX | 66 Miles
- Dripping Springs, TX | 79 Miles
- Austin, TX | 88 Miles
- Corpus Christi, TX | 154 Miles
- Houston, TX | 207 Miles
TENANT:
- Dollar General Corporation (NYSE: "DG")
- Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
- Ranked #108 on the Fortune 500 List
- 20,000+ Stores in 48 States