Dollar General NNN Property For Sale — Provencal, LA
1823 La 117, Provencal, LA 71468
This investment offers a rare opportunity to acquire a Dollar General property with an Absolute NNN lease, ensuring zero landlord responsibilities and a truly passive investment. Dollar General, an investment-grade tenant with a "BBB" credit rating from S&P, provides strong financial stability and creditworthiness. The property benefits from approximately 10.5 years remaining on its lease, guaranteeing secure and predictable income for an extended period. Strategically located on Highway 117, the property enjoys consistent traffic counts of 2,500 VPD and benefits from an exclusive market position with no direct competition in the immediate vicinity. Dollar General has consistently demonstrated resilience across various economic cycles, earning recognition for its operational stability dur…
- Address: 1823 La 117, Provencal, LA 71468
- Asking price $1.17M
- 7.50% cap rate
- NOI $87,644
- 10.5 years remaining
- NNN lease
- Year built: 2020
- Building size: 9,100 SF
- Guarantor: Corporate
Location
This Dollar General property is at 1823 La 117 in Provencal, Louisiana.
Asset type: Retail