1192 Hazel St | Arcadia, LA 71001
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1192 Hazel St
Arcadia, LA 71001
Dollar General · Retail Property For Sale
Investment Highlights
- Offered at an attractive 9% cap rate
- Durable concrete parking lot and standing seam metal roof
- Strategically located adjacent to McDonald’s for increased visibility and customer traffic
- Ample parking with over 30 spaces
- Designed to Dollar General’s preferred specifications, including a separate entrance for inventory deliveries
Executive Summary
AMC Real Estate Investment Services is pleased to offer the opportunity to acquire a Dollar General property located at 1192 Hazel Street in Arcadia, Louisiana. This property boasts a 9.00% cap rate with a net operating income of $72,000. Built in 2007, the 9,014 square foot building sits on a 1.67-acre lot, offering ample space and accessibility. The current lease is structured as a NN+ lease, placing most maintenance responsibilities on the tenant, Dollar General—a Fortune 500 company with over 21,000 locations nationwide and an investment-grade credit rating.
-Offered at an attractive 9% cap rate
-Ample parking with over 30 spaces
-Durable concrete parking lot and standing seam metal roof
-Designed to Dollar General’s preferred specifications, including a separate entrance for inventory deliveries
-Strategically located adjacent to McDonald’s for increased visibility and customer traffic
Offered as part of a portfolio with a Dollar General Anchored Strip Mall in Plain Dealing, LA.
-Asking Price $918,682
-100% Occupancy
-10,414 SF on 1.29 Acre Lot
-Offered at an attractive 9% cap rate
-Ample parking with over 30 spaces
-Durable concrete parking lot and standing seam metal roof
-Designed to Dollar General’s preferred specifications, including a separate entrance for inventory deliveries
-Strategically located adjacent to McDonald’s for increased visibility and customer traffic
Offered as part of a portfolio with a Dollar General Anchored Strip Mall in Plain Dealing, LA.
-Asking Price $918,682
-100% Occupancy
-10,414 SF on 1.29 Acre Lot
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built
2007
Price
£636,416
Price Per SF
£71
Net Initial Yield
9%
NOI
£57,277
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
1.67 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial
Parking
9 Spaces (1 Space per 1,000 SF Leased)
Frontage
337 ft on Hazel Street
PROPERTY TAXES
| Parcel Number | 01-10022901A | Improvements Assessment | £34,892 |
| Land Assessment | £5,314 | Total Assessment | £40,206 |
PROPERTY TAXES
Parcel Number
01-10022901A
Land Assessment
£5,314
Improvements Assessment
£34,892
Total Assessment
£40,206
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