14060 Veteran Memorial Hwy - Freestanding FOR SALE
Turkey Creek, LA 70585 |
$1,252,059 USD
615-789-8730
14060 Veteran Memorial Hwy
Turkey Creek, LA 70585
HIGHLIGHTS
- ABSOLUTE NNN LEASE – Zero landlord responsibilities, offering true passive ownership.
- INVESTMENT-GRADE TENANT – Dollar General holds a “BBB” credit rating from S&P, reflecting strong creditworthiness and financial stability.
- LONG-TERM LEASE – Approximately ±10.5 years of lease term remaining, providing secure and predictable income.
- NO DIRECT COMPETITION – The subject property benefits from an exclusive market position with no comparable retailers in the immediate vicinity.
- RECESSION-RESISTANT OCCUPANT – Dollar General has demonstrated consistent performance across economic cycles
- HIGHWAY LOCATION – Located on Veteran Memorial Hwy – Sees traffic counts of 2,600 VPD
FOR SALE DETAILS
PRICE
$1,252,059 USD
PRICE/SF
$139 USD /SF
CAP RATE
7.5%
% 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
2021
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
1.9 AC
LAND SF
82,764 SF
ZONING
Commercial
APN/PARCEL ID
055-0002277
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615-789-8730
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615-789-8730
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