Log In/Sign Up
Your email has been sent.
Dollar General - Maringouin LA 77280 Landry Dr 9,014 SF Retail Building Maringouin, LA 70757 $912,847 ($101.27/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 17-Year Operating History | 3+ Years Remaining | Scheduled Rental Increases | Corporate Guaranteed
- Local Demographics in 10-mile Trade Area
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Located Off of State Hwy 77 | Limited Competition
EXECUTIVE SUMMARY
• Dollar General has operated at this location for 17 years and has 3+ years remaining on their current lease with 2 (5-year) options to extend
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,580 location as of May 2025
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,580 location as of May 2025
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,014 SF
Building Class
B
Year Built
2008
Price
$912,847
Price Per SF
$101.27
Cap Rate
8.50%
NOI
$77,592
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.75 AC
Zoning
GC - General Commercial
Parking
29 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 09-11049610 | Improvements Assessment | $129,490 |
| Land Assessment | $21,850 | Total Assessment | $151,340 |
PROPERTY TAXES
Parcel Number
09-11049610
Land Assessment
$21,850
Improvements Assessment
$129,490
Total Assessment
$151,340
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General - Maringouin LA | 77280 Landry Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.