Cap Rate
8%
Tot. SF
9,026
2800 Bayou Blue Rd, Houma, LA, 70364
Dollar General$1,319,063
Key Information
Year Built
2013
Term Remaining
± 3YRS
Type
Retail
Highlights
- 2013 build-to-suit construction for Dollar General
- Absolute NNN Lease – Zero Landlord Responsibilities
- Corporately guaranteed lease from Dollar General Corporation
- Five Mile population in excess of 37,643 residents
- Average Household income of $83,469, which is considered to be a sweet spot for Dollar General.
- Nearby national tenants include Tractor Supply, AMC, Autozone, Walmart, Lowe’s, Best Buy, Verizon, and many more
- Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future
- Dollar General has an investment-grade credit rating of BBB (S&P)
- Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.
- Dollar General has a market cap of ± 25 billion
Photos
Location
Agents
W
Wyatt WagnerLicense # 826232 (TX)
S
Scotty LatimerLicense # 790608 (TX)
J
Josh BishopLicense # 688810 (TX)
Broker of Record
Donnie Jarreau
License # BROK.995704351-CORP (LA)Matthews Real Estate Investment Services, Inc16173 Perkins Road Baton Rouge, LA 70810