Details

NN Dollar General in Montgomery, LA

1941 Hwy 71, Montgomery, LA

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hIGHLIGHTS

Size:9,100 SF

Price:$867,097.00

CAP RATE:7.75%

NOI:$67,200.00

PROPERTY
OVERVIEw

DETAILS

• Frontage and access on Hwy 71
• Great visibility on main thoroughfare
• Pylon signage
• Surface parking spaces
• Lease expiration date 11/30/2027
• Lease was recently extended

InCommercial Property Group is pleased to exclusively market for sale a Dollar General property, located in Montgomery, Louisiana, off of Highway 71. The 9,100 SF subject property is being offered for $867,097 at a 7.75% cap rate. The property has great visibility and access from Highway 71 and offers pylon signage and plenty of surface parking. Dollar General’s current lease runs through Nov. 2027. Dollar General is a credit tenant and is publicly traded on the New York Stock Exchange (Symbol: DG) with a market capitalization in excess of $39 billion. Dollar General operates more than 15,000 stores located in 45 states.

Location

Contact

Jon Hegwood

Vice President, Brokerage

(414) 550-9428

jhegwood@incommericalre.com

Michael Mintz

Vice President, Brokerage

(847) 648-1717

MMintz@InCommercialRE.com

Ryan Wewerka

Vice President, Brokerage

(425) 283-2183

RWewerka@InCommercialRE.com