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Property Description
Absolute NNN Lease -Â No Landlord responsibilities creating a truly passive investment.Â
Investment Grade Tenant -Â Corporate Guarantee (S&P Rating: BBB).Â
Above Average Surrounding Household Incomes -Â $76,483 AVG HHI within 5-miles of the property.
Long-Term Lease - 7 years remaining on the current term including three, 5-year options with 10% increases in each.
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.
Offering Memorandum
Property Details
Property Type
Retail
Net-Lease
NNN
Size
9,100
Acres
1.055
Property Location
1447 Prospect Blvd, Houma, LA 70364, USA
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