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Dollar General 210 N Main St

7,920 SF Retail Building Loreauville, LA 70552 £357,408 (£45/SF) 9% Net Initial Yield

Investment Highlights

  • Retail Synergy: Located next to the local auto parts shop, bank, pharmacy, and high school
  • Average household income of $76,540 within a 10-mile radius of the property, considered to be ideal for Dollar General
  • Extremely strong corporately guaranteed lease
  • Two, 5-year options, which include 10% rent increases
  • Located directly off Main Street, the main thoroughfare of Loreauville
  • Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future

Executive Summary

- Retail Synergy: Located next to the local auto parts shop, bank, pharmacy, and high school
- Two, 5-year options, which include 10% rent increases
- Average household income of $76,540 within a 10-mile radius of the property, considered to be ideal for Dollar General
- Located directly off Main Street, the main thoroughfare of Loreauville
- Extremely strong corporately guaranteed lease

Attachments

Dollar-General-210-Main-Street-Loreauville-LA-OM-Password

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,920 SF
Building Class
C
Year Built
2001
Price
£357,408
Price Per SF
£45
Net Initial Yield
9%
NOI
£32,167
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Lot Size
4.77 AC

Links

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(214) 347-7988 x4188

Contacts

  • Listing ID: 34243509

  • Date on Market: 19/12/2024

  • Last Updated:

  • Address: 210 N Main St, Loreauville, LA 70552

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© 2024 CoStar Group

Dollar General | 210 N Main St
(214) 347-7988 x 4188

Dollar General | 210 N Main St

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Wyatt Wagner

(214) 347-7988

x4188

(214) 347-7988 x4188

Scotty Latimer

(214) 692-2927

(214) 692-2927

Josh Bishop

(214) 692-2289

(214) 692-2289

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