The subject property is a newly constructed freestanding Dollar General in Crowley (Lafayette), LA. The new 15-year absolute NNN lease includes 5% rental increases every 5-years in the primary lease term and in the (4) five-year option periods. The lease is corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant, rated BBB by Standard & Poor's.
This Dollar General is located in the heart of Crowley and benefits from excellent visibility and frontage along South Eastern Avenue/Highway 13, which boasts over 7,000 vehicles per day. The site offers direct access to I-10 and sits just 20 miles from Lafayette, positioning it as a key destination within the region. Its placement along the major thoroughfare makes it ideal for attracting both local customers and commuter traffic, reinforcing its role as a regional retail hub.
This offering represents a rare opportunity to acquire a passive, long-term investment with reliable income backed by a corporate guarantee, and positioned in a location with consistent traffic, growth potential, and strong surrounding demographics.