Skip to main content

Discount

New Construction Dollar General Plus | Abs. Net Lease | Limited Competition | Leesville, LA

Alexandria Hwy, Leesville, LA 71446

Listing Price: $1,570,779

Cap Rate
5.65%
Tenant Name
Dollar General Plus
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.34

Investment Overview

Marcus & Millichap is pleased to bring to market the brand new Dollar General Plus located in Leesville, LA.

Investment Highlights

  • Brand New 2022 Construction | Build-to-Suit Dollar General Plus | Larger Format Store
  • Absolute Triple Net Lease | Tenant Pays 100% Taxes, Insurance & CAM Expenses
  • New 15 Year Lease | Commencing in Fall of 2022
  • Four, Five-Year Options with 10% Rental Increases | Potential for Long Term Passive Income
  • Strong Guarantee | Lease is Backed by Dollar General Corporation
  • Dollar General has 18,000+ Stores with Plans to Add 1,000+ Locations by 2025
  • In December 2021, Dollar General Announced Plans to Expand its Footprint Internationally
  • In November 2021, Dollar General Announced Plans to Partner with DoorDash

Exclusively Listed By

Discount

New Construction Dollar General Plus | Abs. Net Lease | Limited Competition | Leesville, LA

Listing Price: $1,570,779

Cap Rate
5.65%
Tenant Name
Dollar General Plus
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.34

Investment Highlights

  • Brand New 2022 Construction | Build-to-Suit Dollar General Plus | Larger Format Store
  • Absolute Triple Net Lease | Tenant Pays 100% Taxes, Insurance & CAM Expenses
  • New 15 Year Lease | Commencing in Fall of 2022
  • Four, Five-Year Options with 10% Rental Increases | Potential for Long Term Passive Income
  • Strong Guarantee | Lease is Backed by Dollar General Corporation
  • Dollar General has 18,000+ Stores with Plans to Add 1,000+ Locations by 2025
  • In December 2021, Dollar General Announced Plans to Expand its Footprint Internationally
  • In November 2021, Dollar General Announced Plans to Partner with DoorDash

Investment Overview

Marcus & Millichap is pleased to bring to market the brand new Dollar General Plus located in Leesville, LA.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower