Property Description
$2M of sales in trailing 12 months - 90,000 card transactions with average monthly volume between $150K-$200K.
Triple-Net Lease – 8+ years remaining with no landlord responsibilities, providing investors with passive income and minimal management obligations.
Corporate-Guaranteed Lease – Lease is guaranteed by Dollar General corporate, providing the security of an established national retailer.
Strong Store Amenities – This location offers fresh produce and DG Delivery, adding convenience and expanding the store's everyday grocery offering.
Higher Volume Format – The 10,566 SF freestanding building sits on a sizable 2.2 acre site with 36 parking spaces.
Established Operating Location – Dollar General continues to actively operate Store #20814 at this location, serving the Montegut community along Highway 55.
Attractive Net-Lease Investment – Offered at a 7.15% cap rate with $112,050 in NOI, combining long-term lease security with an absolute NNN structure.
Offering Memorandum
Property Details
Property Type
Retail
Size
10,566
Net-Lease
NNN
Acres
2.2
Property Location
1051 LA-55, Montegut, LA 70377, USA
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