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Dollar Tree - Lake Providence LA 105 Moore St 9,360 SF Retail Building Lake Providence, LA 71254 $882,000 ($94.23/SF) 8.50% Cap Rate
Investment Highlights
- 17-Year Operating History | 3+ Years Remaining | Scheduled Rental Increases | Corporate Guaranteed
- Local Demographics in 10-mile Trade Area
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Along Moore St | Nearby Schools & Hospital | Excellent Visibility & Access
Executive Summary
• Dollar General has operated at this location for 17 years and has 3+ years remaining on their current lease with 2 (5-year) options to extend
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,580 location as of May 2025
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,580 location as of May 2025
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,360 SF
Building Class
B
Year Built
2009
Price
$882,000
Price Per SF
$94.23
Cap Rate
8.50%
NOI
$74,970
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.93 AC
Zoning
GC - General Commercial
Parking
45 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 310179700 | Improvements Assessment | $48,271 |
| Land Assessment | $3,737 | Total Assessment | $52,008 |
Property Taxes
Parcel Number
310179700
Land Assessment
$3,737
Improvements Assessment
$48,271
Total Assessment
$52,008
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Dollar Tree - Lake Providence LA | 105 Moore St
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