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Dollar General

13584 LA-157, Haughton, LA 71037

Listing Price: $1,617,000

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.88

Investment Overview

Marcus & Millichap is pleased to present Dollar General, an opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of Haughton, LA. The location is newly constructed and opened in August 2021. It is a corporate guaranteed NNN lease backed by over 17,000 locations. The subject property is the only dollar store within a 10-mile radius and has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Investment Highlights

  • Newly Constructed Store – Opened August 2021
  • Only Dollar Store within a 10 Mile Radius
  • Dollar General Corporate Guarantee (NYSE: "DG")
  • Ideal investment opportunity for an out-of-area investor.
  • Tenant is responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot.

Exclusively Listed By

Discount

Dollar General

Listing Price: $1,617,000

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.88

Investment Highlights

  • Newly Constructed Store – Opened August 2021
  • Only Dollar Store within a 10 Mile Radius
  • Dollar General Corporate Guarantee (NYSE: "DG")
  • Ideal investment opportunity for an out-of-area investor.
  • Tenant is responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot.

Investment Overview

Marcus & Millichap is pleased to present Dollar General, an opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of Haughton, LA. The location is newly constructed and opened in August 2021. It is a corporate guaranteed NNN lease backed by over 17,000 locations. The subject property is the only dollar store within a 10-mile radius and has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Exclusively Listed By

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