Dollar General | Houston, TX | ABS NNN
5-mile population in excess of 268,845 | Recently exercised option
Investment highlights
Lease & Location Highlights
● 2009 Built to Suit Construction for Dollar General
● Dollar General recently exercised their first option, proving their commitment to the site
● 5-mile population in excess of 268,845 residents
● 10-mile population in excess of 1,138,638 residents
● Texas is an income tax-free state
● Extremely strong corporately guaranteed lease
● Houston is the 5th largest MSA in the country
● This location ranks in the top 24% and 18% of all Dollar Generals in Texas
and nationwide respectively (*According to Placer.AI)
Tenant Highlights
● Dollar General boasts an investment grade credit rating of BBB (S&P)
● Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future
● Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
● Dollar General has a market cap of ±$30 billion
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