2821 4th Ave
Lake Charles, LA 70601
Dollar General · Retail Property For Sale

The subject property is an approximately 9,200 SF Dollar General that was constructed in 2014. The building is located on 1.43 acres in a dense residential area of Lake Charles, LA. The Tenant is five years into an original 15-year absolute NNN lease. Lake Charles is the principal city of the Lake Charles Metropolitan Statistical Area which has a population of over 200,000 residents and is located about 10 miles from the Louisiana/Texas border. Dollar General commands the field of discount general merchandise. The fast-growing retailer boasts some 15,500 discount stores in some 45 US states, mostly in the South, the Midwest, and the Southwest. It generates most of its sales from consumables (including paper and cleaning products; health and beauty aids; and refrigerated, shelf stable, and perishable foods. The stores also offer seasonal items, cookware and small appliances, and apparel. Dollar General targets low- and fixed-income shoppers, pricing items at $10 or less. The no-frills stores typically measure around 7,300 sq. ft. and are in small towns that are off the radar of giant discounters.