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7518 LA-182
Morgan City, LA 70380
Dollar General | New 15-Yr Abs NNN | 6.0% Cap · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 2022 Construction
  • Dollar General (NYSE: DG) Corporate Guarantee (Investment Grade Credit - S&P Rated BBB)
  • Located Directly off US Highway 90 - The Major Thoroughfare Going from Morgan City to New Orleans & Lafayette
  • 15-Year Absolute NNN Lease w/ 10% Rent Increases Every 5-Years in the (4) 5-Year Option Periods
  • Upgraded Construction: Rare Upgraded Brick Veneer Building
  • Traffic Counts Exceed 13,200 Vehicles Per Day

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,566 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.90 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32843211380004
Land Assessment
$18,065
Improvements Assessment
$71,190
Total Assessment
$89,255
  • Listing ID: 27468841

  • Date on Market: 1/9/2023

  • Last Updated:

  • Address: 7518 LA-182, Morgan City, LA 70380

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