Discount
Dollar General Market w/ Strong Demos | Texas | 15 Yr Abs. Net w/ Rent Increases | 2025 Construction
1548 South FM 116, Copperas Cove (Outside Killeen), TX 76522
Listing Price: $3,023,776
Investment Overview
Copperas Cove, TX, is a vibrant and growing community located in Central Texas, straddling the borders of Coryell, Lampasas, and Bell Counties. Nestled along U.S. Highway 190, just west of Killeen and the expansive Fort Cavazos (formerly Fort Hood), Copperas Cove enjoys a strategic position within the Killeen-Temple-Fort Cavazos metropolitan area. This location provides direct access to major regional transportation routes and a large, stable population base.
Known as the “City of Five Hills,” Copperas Cove offers a scenic landscape of rolling hills and open skies, blending small-town charm with suburban convenience. Its close proximity to Fort Cavazos brings a consistent influx of military personnel, families, and contractors, supporting a strong local economy and fueling continued residential and commercial development. Recreational opportunities abound, with nearby attractions such as Copperas Cove City Park, the Ogletree Gap Preserve, and easy access to the hiking and biking trails of the Texas Hill Country. The city also hosts annual events like the Rabbit Fest and the Krist Kindl Markt, drawing visitors from surrounding communities and contributing to local tourism and retail activity.
Copperas Cove is characterized by a diverse and engaged population, anchored by quality schools, active civic organizations, and a business-friendly environment. With a steadily growing population, affordable real estate, and a strong connection to both the military and regional commerce, Copperas Cove presents a compelling opportunity for retailers and service providers looking to tap into a dynamic and expanding market.
Investment Highlights
- 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2025 High Quality Construction.
- Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
- Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $60.61 Billion.
- Strategically positioned near U.S. Hwy 190 (20K+ VPD), this site enjoys constant exposure to commuters between Copperas Cove and Fort Cavazos. Hwy 190 serves as a vital corridor for military personnel, residents, and commercial drivers, boosting daily foot traffic and long-term visibility.
- Located just minutes from Fort Cavazos—the largest armored installation in the Armed Services—this site enjoys steady traffic from over 50,000 active-duty personnel, contractors, and families.
- Well Above Average Demographics for a Dollar General: Features more than 50k People Residing within a 5-Mile Radius.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
Discount
Dollar General Market w/ Strong Demos | Texas | 15 Yr Abs. Net w/ Rent Increases | 2025 Construction
Listing Price: $3,023,776
Investment Highlights
- 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2025 High Quality Construction.
- Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
- Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $60.61 Billion.
- Strategically positioned near U.S. Hwy 190 (20K+ VPD), this site enjoys constant exposure to commuters between Copperas Cove and Fort Cavazos. Hwy 190 serves as a vital corridor for military personnel, residents, and commercial drivers, boosting daily foot traffic and long-term visibility.
- Located just minutes from Fort Cavazos—the largest armored installation in the Armed Services—this site enjoys steady traffic from over 50,000 active-duty personnel, contractors, and families.
- Well Above Average Demographics for a Dollar General: Features more than 50k People Residing within a 5-Mile Radius.
Investment Overview
Copperas Cove, TX, is a vibrant and growing community located in Central Texas, straddling the borders of Coryell, Lampasas, and Bell Counties. Nestled along U.S. Highway 190, just west of Killeen and the expansive Fort Cavazos (formerly Fort Hood), Copperas Cove enjoys a strategic position within the Killeen-Temple-Fort Cavazos metropolitan area. This location provides direct access to major regional transportation routes and a large, stable population base. Known as the “City of Five Hills,” Copperas Cove offers a scenic landscape of rolling hills and open skies, blending small-town charm with suburban convenience. Its close proximity to Fort Cavazos brings a consistent influx of military personnel, families, and contractors, supporting a strong local economy and fueling continued residential and commercial development. Recreational opportunities abound, with nearby attractions such as Copperas Cove City Park, the Ogletree Gap Preserve, and easy access to the hiking and biking trails of the Texas Hill Country. The city also hosts annual events like the Rabbit Fest and the Krist Kindl Markt, drawing visitors from surrounding communities and contributing to local tourism and retail activity. Copperas Cove is characterized by a diverse and engaged population, anchored by quality schools, active civic organizations, and a business-friendly environment. With a steadily growing population, affordable real estate, and a strong connection to both the military and regional commerce, Copperas Cove presents a compelling opportunity for retailers and service providers looking to tap into a dynamic and expanding market.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By

