

Vacant Dollar General - Monroe, LA
Vacant Retail | Former DG | 9,014 SqFt
Investment highlights
● List price of $375,000 equating to $41.60 per square foot.
● The property is currently vacant, presenting investors with an opportunity to reposition, redevelop, or re-tenant the asset to maximize value and enhance long-term returns.
● 2005 built-to-suit construction for Dollar General including 30 parking spaces and a concrete parking lot.
● 9,014 square foot building with approximate dimension of 70’ - 132’.
● Located on the corner of LA-139 & Lincoln Hills Drive, this ±1.75 acre parcel is exposed to over ±16,400 vehicles per day (VPD).
● Market vacancy rate is only 4.70% and market asking rent estimated to be $13.89. Strong opportunity to lease to achieve returns higher than what is offered in current market (Costar)
● There are over 29,107 residents living within a 5-mile radius and over 103,121 residents living within a 10-mile radius.
● The property has been well kept and any maintenance requests submitted to the landlord were completed in a timely fashion - great building condition.
● Monroe, LA is one of the main markets off I-20 connecting Shreveport, LA to Jackson, MS, which is a major shipping route for the southeast.
● Located less than 5-miles from the University of Louisiana, Monroe (8,277 students), & the Monroe, LA Regional Airport.
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?







