1080 S Main St - Freestanding FOR SALE


Farmerville, LA 71241
$559,000 USD
404-823-6360
1080 S Main St, Farmerville, LA for Sale
$559,000 USD
Freestanding - FOR SALE
1/4
null | 7.4% Cap Rate

1080 S Main St
Farmerville, LA 71241


HIGHLIGHTS

  • Among The Least Expensive DG's On Market - Low Rent Of Only $41K
  • Recent Lease Extension
  • Adjacent To Lake D'Arbonne - State Park With 60,000+ Annual Visitors
  • No Deferred Maintenance - Brand New HVAC
  • 22-Year Operating History
  • Investment Grade Corporate Guaranty (S&P: BBB/Stable)

OVERVIEW

Dollar General has been operating at this location since 2003 and recently executed a five (5) year early extension, demonstrating their commitment to and success at the site. With an NOI of only $41,340 ($5 PSF), this is one of the most affordable Dollar General rents on market. With two HVAC systems replaced in 2025 and a third replaced in 2023, investors can underwrite minimal capital expenses. The Property is located at the base of Lake D'Arbonne, a 15,250-acre lake with a 655-acre state park. A major contributor to the area’s economy, Lake D'Arbonne, attracts 60,000+ outdoor enthusiasts annually and provides Dollar General with a large consumer base.

FOR SALE DETAILS

PRICE

$559,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,694 SF

ZONING

-

APN/PARCEL ID

4682

ASK ABOUT THIS PROPERTY

Michael WatsonNorthmarqMore Info
404-823-6360

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Michael WatsonNorthmarqMore Info
404-823-6360

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