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14060 Veteran Memorial Hwy, Turkey Creek, LA, 70585

DOLLAR GENERAL
$1,313,348

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Highlights

INVESTMENT HIGHLIGHTS

  • Absolute NNN – Zero Landlord Responsibilities
  • Dollar General is accompanied by an Investment Grade “BBB” Credit Rating
  • Zero Competition in the Area – Dollar General is the Only Corporate Tenant in the Area
  • Long Lease Term Remaining – ±11.5 Years Remaining on the Current Term
  • 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 Veteran Memorial Hwy – Sees over 2,500 VPD
  • Estimated Population of 2,529 Within a 5-Mile Radius
  • Average Household Income of $63,334 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%
Year Built
2021
Term Remaining
±11.5 YRS
Type
Retail
NOI
$93,904
Leasable Area
9,026