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Dollar General 14060 Veteran Memorial Hwy

9,026 SF Retail Building Turkey Creek, LA 70585 £1,030,203 (£114/SF) 7.15% Net Initial Yield

Investment Highlights

  • Absolute NNN – Zero Landlord Responsibilities
  • Zero Competition in the Area – Dollar General is the Only Corporate Tenant in the Area
  • Corporate Guarantee
  • Dollar General is accompanied by an Investment Grade “BBB” Credit Rating
  • Long Lease Term Remaining – ±11.5 Years Remaining on the Current Term
  • Recession Resistant Tenant – Dollar General has been historically profitable during times of market uncertainty

Executive Summary

Broker of Record
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2021
Price
£1,030,203
Price Per SF
£114
Net Initial Yield
7.15%
NOI
£73,660
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Land Acres
1.90 AC
Zoning
Commercial - Commercial
Parking
14 Spaces (1.55 Spaces per 1,000 SF Leased)

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PROPERTY TAXES

Parcel Number 055-0002277 Improvements Assessment £11,860
Land Assessment £2,824 Total Assessment £14,684

PROPERTY TAXES

Parcel Number
055-0002277
Land Assessment
£2,824
Improvements Assessment
£11,860
Total Assessment
£14,684
(615) 789-8730

  • Listing ID: 33125916

  • Date on Market: 10/09/2024

  • Last Updated:

  • Address: 14060 Veteran Memorial Hwy, Turkey Creek, LA 70585

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© 2024 CoStar Group

Dollar General | 14060 Veteran Memorial Hwy
(615) 789-8730 x

Dollar General | 14060 Veteran Memorial Hwy

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Gannon Ethington

(615) 789-8730

(615) 789-8730

Clay Smith

(214) 692-2216

(214) 692-2216

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