1823 SR 117 - Freestanding FOR SALE
Provencal, LA 71468 |
$1,168,590 USD
615-789-8730
1823 SR 117
Provencal, LA 71468
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 Hwy 117, Sees traffic counts of 2,500 VPD.
FOR SALE DETAILS
PRICE
$1,168,590 USD
PRICE/SF
$128 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
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0070005610
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615-789-8730
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615-789-8730
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