Dollar General Market | Interstate Location (51,632 VPD)

Dollar General Market | Interstate Location (51,632 VPD)

1330 Gum Cove Road
Vinton, LA

Price: $2,300,000
Cap: 6.65%
NOI: $152,917
Building Size: 10,640 SF
Lot Size: 1.85 AC

Investment Highlights

2025 NEW CONSTRUCTION DOLLAR GENERAL MARKET
• 10,640 SF upgraded construction Dollar General Market located in Vinton, LA.
• DG Market is a combo store offering fresh produce, milk, meats, and other groceries in addition to Dollar General’s usual mix of low-price general merchandise.
• This Dollar General is open, with rent commencing in August 2025.

15-YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM & OPTIONS
• Features a 15-year corporate-guaranteed NNN lease with Dollar General, including 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in the initial lease term and in each of the five, 5-year option periods.

INVESTMENT-GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment-grade credit rating of BBB.
• The company currently operates over 21,000 locations and plans to open 575 new stores in the U.S. and 15 in Mexico.
• Dollar General has been in business for 86 years and has a net worth exceeding $18.16 billion.

INTERSTATE EXIT LOCATION BETWEEN BEAUMONT & LAKE CHARLES (51,632 VPD)
• Strategically located off Interstate 10, connecting Beaumont and Lake Charles.
• I-10 is the primary east–west corridor connecting Houston to New Orleans, with traffic counts of 51,632 VPD.

NEAR DELTA DOWNS RACETRACK & CASINO (616.K ANNUAL VISITS)
• Delta Downs Racetrack & Casino (616.7K annual visits) in Vinton is a major employer and entertainment draw, generating millions in annual tourism spending.
• Delta Downs Racetrack & Casino employs over 1,100 employees and continues to the over $1 billion in tax revenue for the state.

LAKE CHARLES MSA | HOME TO ONE OF THE LARGEST PORTS IN THE U.S.
• Part of the Lake Charles MSA (210,000+ population), a hub for petrochemical, shipping, and gaming industries.
• Lake Charles hosts $47B+ in industrial projects, including Sasol, Phillips 66, and Citgo, supporting over 30,000 jobs in energy and manufacturing.
• The Port of Lake Charles ranks among the top 10 U.S. ports by tonnage, handling over 65 million tons annually and driving Gulf Coast logistics and trade.
• McNeese State University (7,600+ students) and the Calcasieu Parish School System (27,000+ students) anchor regional education and workforce development.

Don McMinn
Andrew Koriwchak
OFFERING MEMORANDUM

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