Details

Dollar General in Coushatta, LA

1020 Cut-Off Rd, Coushatta, LA

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hIGHLIGHTS

Size:9,014 SF

Price:$775,500.00

CAP RATE:7.27%

NOI:$56,400.00

PROPERTY
OVERVIEw

DETAILS

• 9,014 SF building
• 0.99 Acre lot
• Year Built: 2004
• Lease Structure: NN
• Lease Expiration Date: 12/31/2023
• Renewal Options: Five, 5-year options remaining
• Corporate Guarantee: Dollar General Corporation

InCommercial Property Group is pleased to offer the opportunity to acquire a Dollar General located in Coushatta, Louisiana, along Cut-Off Rd. The 9,014 SF subject property is being offered for $775,500 at a 7.27% cap rate and has a NN lease structure. Dollar General’s current lease runs through Dec. 31 2023 and has five, 5-year options remaining. 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

Russ Kimzey

Vice President, Brokerage

(469) 964-3047

rkimzey@incommercialre.com

Brian Brockman

Bang Realty (License #701472)

(312) 243-0100

info@incommercialre.com