Discount
Dollar General - Strong Placer.ai Visits
553 LA-1, Marksville, LA 71351
Listing Price: $1,568,000
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
Dollar General - Strong Placer.ai Visits
Investment Highlights
- 94TH PERCENTILE NATIONWIDE - DOLLAR GENERAL STORES – PLACER.AI DATA
- FIVE YEAR EARLY EXTENSION IN 2022 (NOW LEASED THROUGH 6/30/2030)
- 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
Listing Price: $1,568,000
Investment Highlights
- 94TH PERCENTILE NATIONWIDE - DOLLAR GENERAL STORES – PLACER.AI DATA
- FIVE YEAR EARLY EXTENSION IN 2022 (NOW LEASED THROUGH 6/30/2030)
- 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
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