7518 LA-182
Morgan City, LA 70380
Dollar General
| Offering Summary | |||
|---|---|---|---|
| Price | $1,730,833 | Cap Rate | 6.00% |
| NOI | $103,850.00 | Rentable SF | 10,566 SF |
| Lot Size | 39,360 +/- SF | Year Built | 2022 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- Brand New 2022 Construction
- 15-Year Absolute NNN Lease w/ 10% Rent Increases Every
5-Years in the (4) 5-Year Option Periods - Dollar General (NYSE: DG) Corporate Guarantee (Investment
Grade Credit – S&P Rated BBB) - Upgraded Construction: Rare Upgraded Brick Veneer Building
- Located Directly off US Highway 90 – The Major Thoroughfare
Going from Morgan City to New Orleans & Lafayette - Traffic Counts Exceed 13,200 Vehicles Per Day
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]