Matthews Logo

Navigation Menu

1823 LA-117, Provencal, LA, 71468

DOLLAR GENERAL
$1,225,794

Photos

Highlights

INVESTMENT HIGHLIGHTS

  • Absolute NNN – Zero Landlord Responsibilities
  • Dollar General is Accompanied by an Investment Grade “BBB” Credit Rating
  • Long Lease Term Remaining – Over ±10.6 Years Remaining on the Current Term
  • Zero Competition in the Area – Dollar General is the Only Corporate Tenant in the Area
  • Corporate Guarantee
  • Recession Resistant Tenant – Dollar General has Been Historically Profitable During Times of Market Uncertainty – Boasting a Silver Globe Business Excellence Award for Their Response to the COVID-19 Pandemic.
  • Located on Hwy 117– Sees over 2,500 VPD
  • Estimated Population of 1,411 Within a 5-Mile Radius
  • Average Household Income of $44,588 Within a 5-Mile Radius

Location

Agents

Broker of Record

Donnie Jarreau

License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810

Key Information

Cap Rate
7.15%
Tot. SF
9,100
Year Built
2020
Term Remaining
±10.6 YRS
Type
Retail
NOI
$87,644