Listed by Tri-Oak Consulting Group
$1,601,000
Dollar General - Montegut, LA
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,100
Cap Rate 7.00%
NOI $112,050
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Expiration 06/30/2035
Remaining Term 9
Lease Options Four, 5-Year Options
Price per SqFt $176
Year Built 2020
Acreage 2.230
Investment Type Net Lease
Lease Commencement 06/30/2020
Ground Lease No
Sale Condition For sale by owner
Dollar General | 7.00% CAP | 9,100 SqFt | 9+ Years Remaining
Investment highlights
- High Foot Traffic Location - This location is ranked in the 83rd percentile for Dollar General’s Nationwide for foot traffic
- Newer Construction - This site was built in 2024
- Long Term Lease - 9+ Years Remaining
- Absolute NNN Lease - No Landlord Responsibilities
- Investment Grade Tenant - Corporate Guarantee (S&P Rating: BBB)
- Large Parcel - 2.23 Acre parcel
- Strong Expanding Company - Dollar General secured the 108th spot on the Fortune 500 list and earned a place on Fortune's roster of the World's Most Admired Companies for 2023. Its annual net sales surpassed $37.8 Billion
Listing Contacts
Listed by Tri-Oak Consulting Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,050.00
$9,337.50/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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Property History
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