The subject property is a newly constructed freestanding Dollar General Market located in Benton (Shreveport), 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 location benefits from its excellent visibility and frontage on Benton Road, a major thoroughfare through Benton which boasts over 13,000 vehicles per day. This Dollar General is just minutes from downtown Benton, LA and only 15-miles to downtown Shreveport. This strategic location is positioned to capture both local and commuter traffic, supported by strong surrounding population centers.
Dollar General’s presence in Benton, LA offers a strategic advantage to both the community and the retailer. Located in a growing residential area just north of Shreveport, Benton serves as a key local hub for the surrounding communities. Dollar General provides convenient access to essential goods and household items, fulfilling daily needs for residents who might otherwise travel longer distances for basic retail. The store not only enhances local retail infrastructure but also supports job creation and stimulates economic activity. With continued residential growth and limited competition in the immediate trade area, Dollar General is well-positioned to benefit from Benton’s expanding population and consistent consumer demand.