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871 Bayou Dularge Rd, Houma, LA, 70363

Dollar General

$1,375,251

Key Information

Cap Rate
7.35%
$ per SF
$152
Tot. SF
9,026
Lot Size
2.05 Acres
Term Remaining
± 5 Years
Type
Retail
Occupancy
100%
NOI
$101,081

Highlights

• (866) 889-0550 • 2016 built-to-suit construction for Dollar General
• Relocation store from a previously existing site within the market
• Relocation stores confirm proven locations with above average sales from an established customer base
• This store ranks in the top 36% of all Dollar Generals nationwide (Placer.AI)
• ABS NNN lease with ZERO landlord responsibilities
• Corporately guaranteed lease
• Houma is located ±60 miles from New Orleans
• Three, 5-Year renewal periods with 10% rent increases
• Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
• Dollar General has an investment-grade credit rating of BBB (S&P)

Photos

Location

Agents

Broker of Record

Donnie Jarreau

License # BROK.32688-ACT, BROK.995704351-CORP (LA)
Jarreau Real Estate
16161 Perkins Road, Baton Rouge, LA 70810