Skip to main content

Discount

New Construction Dollar General Market | New Abs. Net Lease | Alexandria, LA MSA

Livingston Rd, Pollock, LA 71467

Listing Price: $2,090,498

Cap Rate
5.25%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$8.79

Investment Overview

Marcus & Millichap is pleased to bring to market the brand new Dollar General Market located in Pollock, LA which is positioned within the Alexandria, LA MSA.

Investment Highlights

  • Brand New 2022 Construction | Build-to-Suit Dollar General Market | Larger Format Store with Expanded Grocery Offerings
  • New 15 Year Lease | Commencing in Late Fall of 2022 | Absolute Triple Net Lease | Tenant Pays 100% Taxes, Insurance & CAM Expenses
  • Four, Five-Year Options with 10% Rental Increases | Potential for Long Term Passive Income
  • Strong Guarantee | Lease is Backed by Dollar General Corporation
  • Pollock is a Major Industrial Area in Central Louisiana (Alexandria MSA)
  • Limited Competition within the Market | Nearest Discount Store is within 5 Miles
  • Conveniently Located Near US-16

Exclusively Listed By

Discount

New Construction Dollar General Market | New Abs. Net Lease | Alexandria, LA MSA

Listing Price: $2,090,498

Cap Rate
5.25%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$8.79

Investment Highlights

  • Brand New 2022 Construction | Build-to-Suit Dollar General Market | Larger Format Store with Expanded Grocery Offerings
  • New 15 Year Lease | Commencing in Late Fall of 2022 | Absolute Triple Net Lease | Tenant Pays 100% Taxes, Insurance & CAM Expenses
  • Four, Five-Year Options with 10% Rental Increases | Potential for Long Term Passive Income
  • Strong Guarantee | Lease is Backed by Dollar General Corporation
  • Pollock is a Major Industrial Area in Central Louisiana (Alexandria MSA)
  • Limited Competition within the Market | Nearest Discount Store is within 5 Miles
  • Conveniently Located Near US-16

Investment Overview

Marcus & Millichap is pleased to bring to market the brand new Dollar General Market located in Pollock, LA which is positioned within the Alexandria, LA MSA.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower