Dollar General | New 15 Year NNN Lease w/ 5% Increases
6.50% CAP Brand New 2026, 15 Year NNN Dollar General w/5% Rent Increases
Marketing description
Brand new 2026 construction Dollar General located at 12560 LA-15 in Downsville, Louisiana. This investment-grade retail property features a 15-year absolute NNN lease with Dollar General, a publicly traded company on the New York Stock Exchange (NYSE: DG) with an S&P credit rating of BBB+ and a market capitalization of approximately $42 billion. The property is strategically positioned in the Monroe/Ruston, LA MSA with a population of 270,000 people.
The 10,640 SF building sits on 1.83 acres and offers a 6.50% cap rate with 5% rent increases every five years throughout the lease term and option periods. The store is planned to open in June 2026. The property benefits from close proximity to Downsville Community Charter School with 500 students K-12, and is located near Lake D'Arbonne, one of Louisiana's largest lakes and a primary destination for fishing, boating, and outdoor recreation.
Investment highlights
- Brand New 2026 Construction, 15 year absolute NNN lease, Planned store opening June of 2026, 5% rent increases every five (5) years throughout option periods
- Close proximity to the Downsville Community Charter School. The school offers Pre-K through 12th charter education, with roughly 500 students. It functions as a single-campus K-12 system, with elementary, middle, and high school all in one location
- Lake D'Arbonne sits 7 miles north of Downsville The lake is one of the largest lakes in Louisiana. The 15,000-acre reservoir is know for its scenic cypress-lined shoreline and is one of the region's primary destinations for fishing, boating, and outdoor recreation
- Downsville is part of Union Parish, Louisiana (Population: 20,000). The area is supported by the nearby Monroe-Ruston, Louisiana metro area, with a combined population of roughly 200,000+ people
- Dollar General, investment-grade, publicly traded on New York Stock Exchange (NYSE: DG), S&P credit rating of BBB+ and a market capitalization of approximately $42 billion.
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