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Dollar General
ESTABLISHED HIGH PERFORMING DOLLAR GENERAL STORE
Listing Contacts
License: CO ER.001314346
Active
Asking Price: $525,000
Address
1915 Bayou Blue Rd, Houma, LA 70364
Show on MapDate Added
Dec 8, 2023
Days on Market
560 days
Time Since Last Update
30 days
Details
Marketing Description
NEW LOWER PRICE
9.26% Cap rate.
Above average sales - contact Broker for more information.
Performance wise, this location sits in the top 5% of all stores in this district or region of stores.
Investment Highlights
Located across the street from Bayou Blue Public School Houma is the largest city in, and the parish seat of, Terrebonne Parish in the U.S. state of Louisiana. It is also the largest principal city of Houma-Bayou Cane-Thibodaux metropolitan statistical area.
Monthly base rent: $4,125.00
Two options:
1st Option: 8/1/28 - 7/1/33 - $4,538.00 per month
2nd Option: 8/1/33 - 7/31/38 - $4,991.00 per month
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Currently, in 2023 Dollar General has profits of $2.416 Billion on revenue of $38.7 Billion
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Dollar General S & P Rating: BBB
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Upgraded interior completed in last few years to incorporate groceries with a row of new cooler doors
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Store is consistently one of the top performers in this trade area
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This property is a single story, rectangular building with a metal clad exterior with a pitched metal standing seam roof system
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Owner is a licensed real estate broker in the state of Colorado
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DSCR
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ROI
Property History
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Due Diligence
Listing Contacts
- License: CO ER.001314346
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