FORMER DOLLAR GENERAL

List price of $400,000 equating to $44.38 per square foot.
The tenant will be vacating the premise on 9/30/2025, providing a value add investor with a short cash flow stream before repositioning the asset.
2005 built-to-suit construction for Dollar General including 30 parking spaces and a concrete parking lot.
9,014 square foot building with approximate dimension of 70’ – 132’.
Located on the corner of LA-139 & Lincoln Hills Drive, this ±1.75 acre parcel is exposed to over ±16,400 vehicles per day (VPD).
Market vacancy rate is only 4.70% and market asking rent estimated to be $13.89. Strong opportunity to lease to achieve returns higher than what is offered in current market (Costar)
There are over 29,107 residents living within a 5-mile radius and over 103,121 residents living within a 10-mile radius.
The property has been well kept and any maintenance requests submitted to the landlord were completed in a timely fashion – great building condition.
Monroe, LA is one of the main markets off I-20 connecting Shreveport, LA to Jackson, MS, which is a major shipping route for the southeast.
Located less than 5-miles from the University of Louisiana, Monroe (8,277 students), & the Monroe, LA Regional Airport.

Navigation Menu