525 S Eastern Ave - Freestanding FOR SALE


Crowley, LA 70526
$2,348,469 USD
619-218-6427
525 S Eastern Ave, Crowley, LA for Sale
$2,348,469 USD
Freestanding - FOR SALE
1/2
null | 6.6% Cap Rate

525 S Eastern Ave
Crowley, LA 70526


HIGHLIGHTS

  • Brand New 2025 Construction
  • 15-Year Absolute NNN Lease w/ 5% Rent Increases Every 5-Years in Primary Term & Options (Zero LL Responsibilities)
  • Dollar General (NYSE: DG) Corporate Guarantee (Investment Grade Credit - S&P Rated BBB)
  • Excellent Visibility & Frontage on South Eastern Avenue/Hwy 13, Which Boasts Over 7,000 Vehicles Per Day
  • Strategically Located on Eastern Ave with Direct I-10 Access and 20-Miles from Lafayette, Serving as a Regional Retail Hub

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,348,469 USD

PRICE/SF

$221 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | New 15-Year Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

-

APN/PARCEL ID

0610253550

ASK ABOUT THIS PROPERTY

John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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