Dollar General | Houston, TX | ABS NNN
5-mile population in excess of 268,845 | Recently exercised option
Marketing description
Dollar General is the fastest-growing retailer which currently boasts roughly 21,000 neighborhood general stores in 48 US states, primarily in the South, East, Midwest, and the Southwest. Roughly 79.7% of Dollar General's sales are derived from consumables (including refrigerated, shelf-stable, and perishable foods,) in addition to everyday household items such as paper towels, bath tissues, paper dinnerware, laundry, and home cleaning supplies. Dollar General offers some of America's most trusted name brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Nestle, Kimberly-Clark, Kellogg's, General Mills, Pepsi, and many others.
Houston is anchored by its energy sector--particularly oil and natural gas--while also maintaining substantial presence in healthcare, biomedical research, and aerospace. Tourism and culture feature prominently with destinations such as the Museum District, Theater District, Johnson Space Center, Houston Zoo, and vibrant culinary and arts scenes. The Houston Livestock Show and Rodeo continues to be one of the area's highest-impact recurring events.
The city benefits from exceptional transportation infrastructure, including Interstate corridors, Port Houston (the top U.S. port by international tonnage), and two major airports--Bush Intercontinental (48 million passengers in 2024) and Hobby--supporting both regional and global connectivity. Education and research are led by institutions like the Texas Medical Center, the world's largest medical complex, and several top-tier universities. A growing emphasis on career pathways also includes apprenticeship programs tied to trades and industry.
Investment 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)
- 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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