5849 Highway 371 - Retail FOR SALE


Coushatta, LA 71019
$970,889 USD
402-413-8527
5849 Highway 371, Coushatta, LA for Sale
$970,889 USD
Retail - FOR SALE
1/1
null | 8% Cap Rate

5849 Highway 371
Coushatta, LA 71019


HIGHLIGHTS

  • ABSOLUTE NNN LEASE. PASSIVE RENTAL INCOME - 8.9+ Years Remaining. 15 Years Renewal Options. Rent Increases Throughout
  • SUCCESSFUL PERFORMANCE HISTORY AT LOCATION - Based On Customer Foot Traffic Visits & Projected Sales
  • NEARBY GRAND BAYOU RESORT & RED RIVER WILDLIFE REFUGE - Over 53,000-Acre Destinations Offering Water Sports, Fishing, Boating, Outdoor Explorations
  • LESS THAN 45 MINUTES TO SHREVEPORT - $23 Billion Regional Economy. Home To New $200M AI-Powered Amazon Fulfillment Center
  • NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG] - $40B Revenue. #112 Fortune 500 Companies. S&P Investment Grade BBB

OVERVIEW

TOUCHSTONE COMMERCIAL PARTNERS is pleased to offer for sale a Dollar General Store located in Coushatta, Louisiana. This property has an absolute NNN with zero landlord responsibilities. The lease runs through July 2034 with three 5-year renewal options and 10% rent increase each renewal option. The lease is guaranteed by Dollar General Corporation which operates over 20,500 stores and has an impressive S&P investment-grade rating of BBB. With close economic ties to nearby Shreveport, Coushatta benefits from a diverse economy rooted in agriculture, manufacturing, retail trade and healthcare. Coushatta also serves as a regional hub for recreation and tourism. Grand Bayou Resort, a 2,800-acre destination, offers water sports, cabin lodging, and event facilities. The Red River provides year-round boating and fishing access, while attractions such as Coushatta Casino Resort and Red River National Wildlife Refuge add to the area’s appeal for leisure, entertainment, and outdoor exploration. Broker of Record: Brian Brockman, LA Lic #BROK.0995684990-ASA

FOR SALE DETAILS

PRICE

$970,889 USD

PRICE/SF

$149 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General /Nearby Grand Bayou Resort

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

Commercial

APN/PARCEL ID

300021300

ASK ABOUT THIS PROPERTY

Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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