Dollar General NNN Property For Sale — Ville Platte, LA · 7,500 SF
Ville Platte, LA 70586
Secure a single-tenant net-leased Dollar General property located along Highway 167 in Ville Platte, Louisiana. Built in 2018, this 7,500-square-foot store features an absolute NNN lease with zero landlord responsibilities and 15 years remaining on the initial term expiring in May 2033. The lease includes 10% rental escalations across each of three 5-year renewal options and is guaranteed by Dollar General Corporation (S&P: BBB). Situated on a 1.47-acre parcel along the parish's primary corridor, the property features a concrete parking lot and benefits from limited competition in the surrounding trade area.
- Address: Ville Platte, LA 70586
- Asking price $1.04M
- 6.90% cap rate
- NOI $71,749
- 6.6 years remaining
- NNN lease
- Year built: 2018
- Building size: 7,500 SF
- Lot size: 1.47 acres
- Lease expiration: May 31, 2033
- Rent increases: $78,924 starting 6/1/2033 (Option 1); $86,817 starting 6/1/2038 (Option 2); $95,498 starting 6/1/2043 (Option 3)
- Guarantor: Corporate
Location
This Dollar General property is in Ville Platte, Louisiana.
Asset type: Retail