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 – Modern, Efficient Design with Minimal Capital Reserves Needed
  • 15-Year Absolute NNN Lease – No Landlord Obligations, Fully Passive Income Stream
  • 5% Rent Increases Every 5 Years – Including During (4) Five-Year Renewal Options
  • Corporate Guarantee by Dollar General (NYSE: DG) Investment-Grade Credit (S&P: BBB)
  • High-Traffic Corridor – 7,000+ Vehicles/Day on Hwy 13 with Direct I-10 Access
  • Strong Regional Positioning – Just 20 Miles from Lafayette, in a Trade Area Underserved by Essential Retail

OVERVIEW

This offering presents a rare opportunity to acquire a newly constructed, freestanding Dollar General with a 15-year absolute NNN lease—guaranteed by Dollar General Corporation (NYSE: DG), an investment-grade tenant (S&P: BBB) with a robust national footprint and a recession-resistant business model. Located in Crowley, LA, just 20 miles from the growing city of Lafayette, this site sits in a strategically underserved retail corridor, directly along Highway 13/South Eastern Avenue with 7,000+ vehicles per day and immediate access to I-10, one of the region’s primary transportation arteries. Its placement in this high-visibility, high-access location reinforces Dollar General’s proven strategy of thriving in non-urban markets where it serves as a critical source of goods for surrounding rural and commuter populations. The lease features 5% rental increases every five years, including during the (4) five-year renewal options, providing built-in income growth and inflation protection. As an absolute triple-net lease, the property offers truly passive ownership with zero landlord responsibilities. With a corporate-backed lease, strong drive-by traffic, and proven tenant success in tertiary markets, this asset is ideal for 1031 exchange buyers and net-lease investors seeking long-term, stable cash flow with minimal operational overhead.

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.