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Dollar General - Strong Placer.ai Visits

553 LA-1, Marksville, LA 71351

Listing Price: $1,568,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
6.1
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Double Net
Rent Per Square Feet
$8.79

Investment Overview

OVER 11,300 RESIDENTS WITHIN FIVE MILES

AVERAGE HOUSEHOLD INCOME OF $54,878 WITHIN FIVE MILES

173 MILES NORTHWEST OF NEW ORLEANS, LOUISIANA

244 MILES NORTHEAST OF HOUSTON, TEXAS

Investment Highlights

  • 94TH PERCENTILE NATIONWIDE - DOLLAR GENERAL STORES – PLACER.AI DATA
  • FIVE YEAR EARLY EXTENSION IN 2022 (NOW LEASED THROUGH 6/30/2030)
  • DOLLAR GENERAL RECENTLY REBRANDED THE STORE TO DOLLAR GENERAL MARKET
  • 10 PERCENT RENT INCREASE ON 7/1/2025 (REPRESENTS A 7.70 PERCENT CAP RATE AT OFFERING PRICE)
  • CORPORATE GUARANTEE – OPERATES OVER 18,800 STORES
  • TENANT REIMBURSES REAL ESTATE TAXES / TENANT REIMBURSES CAM / TENANT PAYS INSURANCE DIRECTLY
  • TENANT RESPONSIBLE FOR HVAC REPAIR AND REPLACEMENT / TENANT PAYS ESTIMATED $300/MONTH FOR PARKING LOT MAINTENANCE AND REPAIR
  • TWO – FIVE YEAR OPTIONS WITH INCREASES

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Discount

Dollar General - Strong Placer.ai Visits

Listing Price: $1,568,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
6.1
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Double Net
Rent Per Square Feet
$8.79

Investment Highlights

  • 94TH PERCENTILE NATIONWIDE - DOLLAR GENERAL STORES – PLACER.AI DATA
  • FIVE YEAR EARLY EXTENSION IN 2022 (NOW LEASED THROUGH 6/30/2030)
  • DOLLAR GENERAL RECENTLY REBRANDED THE STORE TO DOLLAR GENERAL MARKET
  • 10 PERCENT RENT INCREASE ON 7/1/2025 (REPRESENTS A 7.70 PERCENT CAP RATE AT OFFERING PRICE)
  • CORPORATE GUARANTEE – OPERATES OVER 18,800 STORES
  • TENANT REIMBURSES REAL ESTATE TAXES / TENANT REIMBURSES CAM / TENANT PAYS INSURANCE DIRECTLY
  • TENANT RESPONSIBLE FOR HVAC REPAIR AND REPLACEMENT / TENANT PAYS ESTIMATED $300/MONTH FOR PARKING LOT MAINTENANCE AND REPAIR
  • TWO – FIVE YEAR OPTIONS WITH INCREASES

Investment Overview

OVER 11,300 RESIDENTS WITHIN FIVE MILES AVERAGE HOUSEHOLD INCOME OF $54,878 WITHIN FIVE MILES 173 MILES NORTHWEST OF NEW ORLEANS, LOUISIANA 244 MILES NORTHEAST OF HOUSTON, TEXAS

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

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