DOLLAR GENERAL

Description

PROPERTY is 9,014 SF building on 1.20 acres located in Reeves, 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

REEVES is in Village in Allen Parish and located approximately 34.9 miles North of Lake Charles, LA, 73.2 miles Southwest of Alexandria, LA, 90.5 miles Northeast of Beaumont, TX and 135 miles West of Baton Rouge, LA. Reeves's population was 209 at the 2000 census.

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
US Hgihway 190
Reeves, LA 70658


County
Villiage in Allen Parish
Building StatusUnder ConstructionTotal SF9,014Number of Floors1Lot Size52,272 SFYear Built2009TenancySingle Tenant
Asking Price
$832,433.00
Sale Status
Active
Cap Rate9.25% Sale TypeIncome

Attached Files

(Click to download)

Tenants

  • Dollar GeneralSquare Footage9,014Monthly Income$6,417.00
Click for Financials Sheet

Financials

Land/Lot Info

Lot Size :52272.00 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.