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Dollar General

10656 U.S. Hwy 190, Opelousas, LA 70570

Listing Price: $1,020,000

Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
3.6
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$112.09
Lease Type
Double Net
Rent Per Square Feet
$8.96

Investment Overview

The subject property is a freestanding Dollar General store in Opelousas, LA with 3.5+ years remaining. Dollar General Corporation has been delivering value to shoppers for more than 80 years. Dollar General helps shoppers Save time. Save money. Every day.® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Dollar General operated 17,177 stores in 46 states as of January 29, 2021. In addition to high-quality private brands, Dollar General sells products from America’s most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.

Investment Highlights

  • 3.5+ Years Remaining on Initial Lease Term
  • Double-Net (NN) Lease | Minimal Management
  • Tenant Pays for CAM, Taxes, Insurance and HVAC Expenses
  • Rental Increases Every 5 Years Moving Forward
  • Excellent Frontage on US Highway 190
  • Strong Demographics for Dollar General | 13,000+ Five-Mile Population

Exclusively Listed By

  • Robby Pfeiffer

    Senior Vice President Investments

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Chris Shaheen

    Associate

    License(s): LA: BROK.995692662-ACT

    Louisiana

Listing Price: $1,020,000

Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
3.6
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$112.09
Lease Type
Double Net
Rent Per Square Feet
$8.96

Investment Highlights

  • 3.5+ Years Remaining on Initial Lease Term
  • Double-Net (NN) Lease | Minimal Management
  • Tenant Pays for CAM, Taxes, Insurance and HVAC Expenses
  • Rental Increases Every 5 Years Moving Forward
  • Excellent Frontage on US Highway 190
  • Strong Demographics for Dollar General | 13,000+ Five-Mile Population

Investment Overview

The subject property is a freestanding Dollar General store in Opelousas, LA with 3.5+ years remaining. Dollar General Corporation has been delivering value to shoppers for more than 80 years. Dollar General helps shoppers Save time. Save money. Every day.® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Dollar General operated 17,177 stores in 46 states as of January 29, 2021. In addition to high-quality private brands, Dollar General sells products from America’s most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.

Exclusively Listed By

  • Robby Pfeiffer

    Senior Vice President Investments

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Chris Shaheen

    Associate

    License(s): LA: BROK.995692662-ACT

    Louisiana

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