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7180 Highway 165 - Dollar General, Columbia, LA

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7180 Highway 165 - Dollar General

Columbia, LA 71418-3302

(1.2 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:-
Building Size:10,566 SF Land Area:1.19 AC (51,836 SF)
For Sale Price:$1,360,500 Price/SF:$128.76
Cap Rate:6.70 %
Portfolio:This property is for sale (for $8,310,500) as part of a portfolio of 3 properties.

Sale Notes:
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar General property located in Columbia, Louisiana. Columbia is the parish seat of Caldwell Parish. This Dollar General store was constructed in 2016 and is a relocation of a previously successful store. There are over fourteen years remaining on the Dollar General lease which expires on January 31, 2031. The lease features 10% rental escalations in each of the three 5-year renewal option periods. This absolute triple net lease features no landlord responsibilities.
The 10,640 square foot Dollar General building is strategically located along Highway 165 which is the primary north-south thoroughfare in the trade area. The Dollar General is positioned approximately one and one-half miles south of the Caldwell Memorial Hospital. Retailers located in the immediate trade area include McDonald' s, Sonic, Mobil, Brookshires, Family Dollar, Caldwell Bank & Trust, Fred' s and Popeye' s.

The Boulder Group
Randy Blankstein
(847) 562-0003

Jimmy Goodman
(847) 562-8500

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