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Dollar General /Nearby Grand Bayou Resort 5849 Highway 371 6,512 SF Retail Building Coushatta, LA 71019 $970,889 ($149.09/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE. PASSIVE RENTAL INCOME - 8.9+ Years Remaining. 15 Years Renewal Options. Rent Increases Throughout
- NEARBY GRAND BAYOU RESORT & RED RIVER WILDLIFE REFUGE - Over 53,000-Acre Destinations Offering Water Sports, Fishing, Boating, Outdoor Explorations
- NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG] - $40B Revenue. #112 Fortune 500 Companies. S&P Investment Grade BBB
- SUCCESSFUL PERFORMANCE HISTORY AT LOCATION - Based On Customer Foot Traffic Visits & Projected Sales
- LESS THAN 45 MINUTES TO SHREVEPORT - $23 Billion Regional Economy. Home To New $200M AI-Powered Amazon Fulfillment Center
EXECUTIVE SUMMARY
With close economic ties to nearby Shreveport, Coushatta benefits from a diverse economy rooted in agriculture, manufacturing, retail trade and healthcare. Coushatta also serves as a regional hub for recreation and tourism. Grand Bayou Resort, a 2,800-acre destination, offers water sports, cabin lodging, and event facilities. The Red River provides year-round boating and fishing access, while attractions such as Coushatta Casino Resort and Red River National Wildlife Refuge add to the area’s appeal for leisure, entertainment, and outdoor exploration.
Broker of Record: Brian Brockman, LA Lic #BROK.0995684990-ASA
PROPERTY FACTS
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 9,100 SF
- -
- Triple Net
- Jul 2034
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 9,100 SF | - | Triple Net | Jul 2034 |
PROPERTY TAXES
| Parcel Number | 300021300 | Improvements Assessment | $79,870 |
| Land Assessment | $5,000 | Total Assessment | $84,870 |
PROPERTY TAXES
Presented by
Dollar General /Nearby Grand Bayou Resort | 5849 Highway 371
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