7518 LA-182
Morgan City, LA 70380

Dollar General

Offering Summary
Price $1,941,121 Cap Rate 5.35%
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

  • ┬áBrand 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

Please login or sign up to view offering memorandum

For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com