1051 Highway 55 - Freestanding FOR SALE


Montegut, LA 70377
$1,601,000 USD
800-385-6421
1051 Highway 55, Montegut, LA for Sale
$1,601,000 USD
Freestanding - FOR SALE
1/7
null | 7% Cap Rate

1051 Highway 55
Montegut, LA 70377


OVERVIEW

High Foot Traffic Location - This location is ranked in the 83rd percentile for Dollar General’s Nationwide for foot traffic Newer Construction - This site was built in 2024 Long Term Lease - 9+ Years Remaining Absolute NNN Lease - No Landlord Responsibilities Investment Grade Tenant - Corporate Guarantee (S&P Rating: BBB) Large Parcel - 2.23 Acre parcel Strong Expanding Company - Dollar General secured the 108th spot on the Fortune 500 list and earned a place on Fortune's roster of the World's Most Admired Companies for 2023. Its annual net sales surpassed $37.8 Billion

FOR SALE DETAILS

PRICE

$1,601,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

2.23 AC

LAND SF

97,082 SF

ZONING

-

APN/PARCEL ID

32334

ASK ABOUT THIS PROPERTY

Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

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Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.