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Dollar General Market, Top 6% per Placer.ai 553 Highway 1 12,480 SF Retail Building Marksville, LA 71351 $1,610,000 ($129.01/SF) 7.50% Cap Rate
Investment Highlights
- Five Year Early Lease Extension in 2025, Now Leased Through 6/30/2030
- Strong Placer.ai Rankings: Top 6% Nationwide
- Part of a Nine Location Dollar General Portfolio and Available for Sale Individually
- Built to Suit in 2010 and Later Rebranded to Dollar General Market
- Double Net Lease with Corporate Guarantee
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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- -
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Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Property Taxes
| Parcel Number | 005-50509700 | Improvements Assessment | $0 |
| Land Assessment | $1,250 | Total Assessment | $1,250 |
Property Taxes
Contact the Sale Advisor
Dollar General Market, Top 6% per Placer.ai | 553 Highway 1