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41369 Highway 10
Franklinton, LA 70438
Dollar General · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute Triple Net Lease – Lease structure allows landlord a passive source of income with zero management responsibility
  • Corporate Lease – Dollar General and its 16,000+ locations guaranty the lease
  • Long Term Lease – The lease has over 9-years remaining with four, 5-years options with 10% increases
  • Attractive Return – An immediate yield of 7.35%

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.32 AC
Zoning
C
Frontage
220’ on Hwy 10

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
090-0049500A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$88,500
  • Listing ID: 20058393

  • Date on Market: 6/26/2020

  • Last Updated:

  • Address: 41369 Highway 10, Franklinton, LA 70438

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