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Dollar General Market | Interstate Location 1330 Gum Cove Rd 10,640 SF Retail Building Vinton, LA 70668 $3,210,616 CAD ($301.75 CAD/SF) 6.65% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate-guaranteed 15-year NNN lease with Dollar General
  • Located off I-10 between Beaumont and Lake Charles (51K+ VPD)
  • Surrounded by major employers and tourism drivers like Delta Downs
  • 5% rent increases every 5 years, including option periods
  • Upgraded DG Market format with grocery and fresh food offerings
  • Positioned in Lake Charles MSA, a hub for petrochemical and logistics

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
B
Year Built
2025
Price
$3,210,616 CAD
Price Per SF
$301.75 CAD
Cap Rate
6.65%
NOI
$213,460 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.85 AC
Parking
30 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
335’ on Gum Cove Road

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Wheelchair Accessible

NEARBY MAJOR RETAILERS

Capital One
Market Basket (South)
  • Listing ID: 37951201

  • Date on Market: 2025-10-04

  • Last Updated:

  • Address: 1330 Gum Cove Rd, Vinton, LA 70668

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