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DOLLAR GENERAL 1382 Highway 139 9,014 SF Retail Building Monroe, LA 71203 $400,000 ($44.38/SF)

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Investment Highlights

  • List price of $450,000 equating to $49.92 per square foot.
  • 2005 built-to-suit construction for Dollar General including a ±9,014 square foot building and concrete parking lot.
  • There are over 29,107 residents living within a 5-mile radius and over 103,121 residents living within a 10-mile radius.
  • The tenant will be vacating the premise on 9/30/2025, providing a value add investor with a short cash flow stream before repositioning the asset.
  • Located on the corner of LA-139 & Lincoln Hills Drive, this ±1.75 acre parcel is exposed to over ±16,400 vehicles per day (VPD).
  • 9,014 square foot building with approximate dimension of 70’ - 132’.

Executive Summary

Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2005
Price
$400,000
Price Per SF
$44.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.75 AC

Property Taxes

Property Taxes

Parcel Number
79501
Land Assessment
$1,700
Improvements Assessment
$0
Total Assessment
$1,700
  • Listing ID: 34234516

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 1382 Highway 139, Monroe, LA 71203

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