DOLLAR GENERAL

Description

PROPERTY is 9,100 SF building on 0.86 acres located in Montgomery, LA.

TENANT REPSONSIBILITIES: RE Taxes, Insurance, Utilties, Minor CAM (less than $1,000), Parking Lot - $3,600 Per Year

LANDLORD RESPONSIBILITIES: Roof (Roof comes with warranty), Structure, General Liability Insurance, Major CAM (more than $1,000 per occurrence)

Area Description

AREA TENANTS INCLUDE: Bank of Montgomery, U-Haul Co., Reeves Grocery, Community Grocery, Montgomery Hardware

MONTGOMERY is in the town of Grant Parish and located approximately 90.6 miles Southeast of Shreveport, LA, 43.1 miles Northwest of Alexandria, LA and 120 miles Southwest of Monroe, LA. Montgomery's population was 787 at the 2000 census. It is part of the Alexandria Metropolitan Statistical Area.

Business Notes

LEASE GUARANTOR: Dollar General Corporation

Contacts

  • Mr. Wes Forlines
    Associate
    Phone 678-880-3270 Ex. 103
    Fax 678-807-1927
    E-Mail wes@tri-oak.com
  • Mr. Gregory Fitzgerald CCIM
    President
    Phone (678) 880-3270 Ex. 101
    Fax (678) 807-1927
    E-Mail gfitz@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
1941 US Highway 71
Montgomery, LA 71454


County
Town in Grant Parish
Building StatusExistingTotal SF9,100Number of Floors1Lot Size37,500 SFYear Built2007TenancySingle Tenant
Sale Price
$588,000.00

Date Sold
Jan 19, 2010

Tenants

  • Dollar GeneralSquare Footage9,100Monthly Income$4,900.00
Click for Financials Sheet

Financials

Land/Lot Info

Lot Size :37500.00 SF
The above information has been secured by sources deemed to be reliable, Tri Oak makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser/User must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.