DOLLAR GENERAL | SAN ANTONIO, TEXAS

Purchase Price
$1,500,000
Location
7815 Marbach Rd
Cap Rate
6.06%
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
Four (4) - Five (5) Year
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

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