Dollar General NEW 2024 7.30% CAP | 3711 LA-15
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dollar General NEW 2024 7.30% CAP 3711 LA-15
10,640 SF Retail Building Spearsville, LA 71277 £1,456,687 (£137/SF) 7.30% Net Initial Yield
Investment Highlights
- Brand New Dollar General Store, Close to El Dorado, AR, 15 year absolute NNN Lease, 5% rent increases every 5 years, Store opened in October of 2024
- Larger format Dollar General “Market” store: Combines a general merchandise store with a grocery store
- 35 miles north of Ruston, Louisiana
- Spearsville is part of the Monroe–Ruston Combined Statistical Area (CSA population: 275,000 people)
Executive Summary
Construction complete! Opens and Pays Rent 10/2024! Close Proximity to El Dorado, Arkansas
Brand New Dollar General "Plus" Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Planned store opening of October, 2024
Located in Northern Louisiana (north of Interstate 20), approximately 35 miles north of Ruston, Louisiana. The area is an established market for Dollar General. Ruston home to Louisiana Tech University (22,000 students)
Spearsville is part of the Monroe–Ruston Combined Statistical Area (CSA population: 275,000 people). The statistical area is made up of five parishes in northern Louisiana. The statistical area consists of the Monroe Metropolitan Statistical Area and the Ruston Micropolitan Statistical Area.
Larger format Dollar General “Plus” store: Combines a general merchandise store with a grocery store. Grocery departments include fresh produce
LOUISIANA BROKER OF RECORD: CHRISTOPHER DOZIE
Brand New Dollar General "Plus" Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Planned store opening of October, 2024
Located in Northern Louisiana (north of Interstate 20), approximately 35 miles north of Ruston, Louisiana. The area is an established market for Dollar General. Ruston home to Louisiana Tech University (22,000 students)
Spearsville is part of the Monroe–Ruston Combined Statistical Area (CSA population: 275,000 people). The statistical area is made up of five parishes in northern Louisiana. The statistical area consists of the Monroe Metropolitan Statistical Area and the Ruston Micropolitan Statistical Area.
Larger format Dollar General “Plus” store: Combines a general merchandise store with a grocery store. Grocery departments include fresh produce
LOUISIANA BROKER OF RECORD: CHRISTOPHER DOZIE
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
£1,456,687
Price Per SF
£137
Net Initial Yield
7.30%
NOI
£106,340
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Land Acres
1.50 AC
Frontage
288 ft on Louisiana 15
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Dollar General
- -
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Dollar General | - | 99,999 SF | - | Lorem Ipsum | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £587 | Total Assessment | £587 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£587
Improvements Assessment
£0
Total Assessment
£587
-
Gavin Kam -
Brad Kam -
NNN Retail Advisors
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General NEW 2024 7.30% CAP | 3711 LA-15
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.