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Freestanding Dollar General Investment 426 Saint Joseph St 11,946 SF 100% Leased Retail Building Online Auction Sale Arnaudville, LA 70512
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Capitalize on this fully leased Dollar General in Arnaudville, Louisiana, a cash-flowing asset for investors to add to their portfolio.
- Dollar General is an ideal national tenant with brand recognition and a lease through 2028 with several extension options for buyers.
- As one of the few grocers and markets in the area, this Dollar General location benefits from lofty consumer spending.
- Providing residents with convenient setting, this neighborhood center is only a few blocks from Market Street.
- Located only 20 miles northeast of Lafayette, this area offers residents convenient access to the city while providing a welcoming small-town setting.
EXECUTIVE SUMMARY
Dollar General, located at 426 Saint Joseph Street in Arnaudville, Louisiana, offers an appealing opportunity for buyers.
Constructed in 1999, this Dollar General property has become an established presence within the local community. The well-maintained site features prominent roadway and building signage, ensuring strong visibility to potential customers. The structure offers the brand’s characteristic straightforward façade and is set on a 1.94-acre parcel that provides ample surface parking for both employees and visitors. The interior of the single-story building encompasses 11,946 square feet, allowing for an open, efficient floor plan designed to optimize retail operations. Dollar General has occupied this location since 2012, reflecting its ongoing commitment to serving the area. Currently in its third lease term, which extends through 2028, the company retains multiple future options upon lease expiration, presenting buyers with a promising investment outlook.
Dollar General stands out as a reliable brand for investors. Recognized as America's neighborhood general store, the company operates over 18,000 stores in 46 states, providing affordable and convenient shopping. Their locations offer a wide range of products, including groceries, health and beauty items, cleaning supplies, apparel, housewares, and seasonal goods from trusted national and private brands. Since its founding in 1939, Dollar General has remained dedicated to serving customers, employees, and local communities.
This site within Arnaudville serves as a strategic community hub, providing essential services to local residents. Situated off Market Street and surrounded by residential neighborhoods, the property offers convenient access for consumers. The location supplies groceries, household necessities, and health items in an area with limited retail options. Additionally, it maintains a small-town atmosphere while offering proximity to Lafayette, located approximately 20 miles away.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Constructed in 1999, this Dollar General property has become an established presence within the local community. The well-maintained site features prominent roadway and building signage, ensuring strong visibility to potential customers. The structure offers the brand’s characteristic straightforward façade and is set on a 1.94-acre parcel that provides ample surface parking for both employees and visitors. The interior of the single-story building encompasses 11,946 square feet, allowing for an open, efficient floor plan designed to optimize retail operations. Dollar General has occupied this location since 2012, reflecting its ongoing commitment to serving the area. Currently in its third lease term, which extends through 2028, the company retains multiple future options upon lease expiration, presenting buyers with a promising investment outlook.
Dollar General stands out as a reliable brand for investors. Recognized as America's neighborhood general store, the company operates over 18,000 stores in 46 states, providing affordable and convenient shopping. Their locations offer a wide range of products, including groceries, health and beauty items, cleaning supplies, apparel, housewares, and seasonal goods from trusted national and private brands. Since its founding in 1939, Dollar General has remained dedicated to serving customers, employees, and local communities.
This site within Arnaudville serves as a strategic community hub, providing essential services to local residents. Situated off Market Street and surrounded by residential neighborhoods, the property offers convenient access for consumers. The location supplies groceries, household necessities, and health items in an area with limited retail options. Additionally, it maintains a small-town atmosphere while offering proximity to Lafayette, located approximately 20 miles away.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOUR
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- Operating and Financial Statements
- Purchase Agreement
- Title and Insurance
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,946 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.94 AC
Parcel Number
0300059505
Parking
45 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
66’ on Saint Joseph St
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2024 Population
1,587
3,669
7,522
2020 Population
1,747
4,062
8,075
2029 Population
1,534
3,542
7,333
2024-2029 Projected Population Growth
-3.3%
-3.5%
-2.5%
Daytime Employees
670
966
1,177
Total Businesses
77
104
143
Average Household Income
$46,622
$52,917
$63,792
Median Household Income
$31,442
$36,267
$41,785
Total Consumer Spending
$14.9M
$37.3M
$80.4M
Median Age
43.0
41.4
40.2
2024 Households
628
1,443
2,896
Percent College Degree or Above
5%
6%
9%
Average Home Value
$119,899
$136,521
$162,845
SALE ADVISOR
SALE ADVISOR
Roman Tsimberg, Director Commercial Real Estate Sales
Roman is dedicated to delivering personalized service, exceptional communication, and professional expertise that gives his clients successful results. Over 30 years of experience dealing with Commercial Real Estate and Hundreds of Completed transactions on various platforms including Ten-X. As a trained real estate professional, Roman's expertise includes marketing, presentation, negotiation, and sales. He has represented national private and corporate clients, as well as, banks and special assets groups in REO transactions. Roman currently helps clients to achieve above-market returns in Maryland, Florida, and the District of Columbia markets.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT
Sophy Cardenas
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr BROK.0995692305-CORP Irvine, CA; Auction Firm LA AB-446
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Freestanding Dollar General Investment | 426 Saint Joseph St
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