4932 Highway 34 - Convenience Store FOR SALE
West Monroe, LA 71292 |
4932 Highway 34
West Monroe, LA 71292
HIGHLIGHTS
- Corporate lease with Dollar General Corporation | Backed by Baa2/BBB, investment-grade credit
- High-Quality Construction | Built in 2017
- Long-term investment | 8 Years Remaining in Primary Lease Term
- NNN Lease | Tenant is responsible for all maintenance, repairs, insurance, and taxes
- 10% rent increases in each option period, providing a hedge against inflation
- Strong, expanding company | In 2023, Dollar General ranked #108 on Fortune 500 list and was listed on Fortune’s World’s Most Admired Companies list
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dollar General | 8 Yrs NNN | BBB Credit
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
9100
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
132473
