3711 LA-15 - Freestanding FOR SALE


Spearsville, LA 71277
$1,861,700 USD
972-375-3437
3711 LA-15, Spearsville, LA for Sale
$1,861,700 USD
Freestanding - FOR SALE
1/3
null | 7.3% Cap Rate

3711 LA-15
Spearsville, LA 71277


HIGHLIGHTS

  • Brand New Dollar General Store, Close to El Dorado, AR
  • 15 year absolute NNN Lease, 5% rent increases every 5 years
  • Larger format Dollar General “Plust” store
  • Spearsville is part of the Monroe–Ruston Combined Statistical Area (CSA population: 275,000 people)

OVERVIEW

Brand new October 2024 Dollar General "Plus" Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Located in Northern Louisiana (north of Interstate 20), approximately 35 miles north of Ruston, Louisiana. The area is an established market for Dollar General. Ruston home to Louisiana Tech University (22,000 students) Spearsville is part of the Monroe–Ruston Combined Statistical Area (CSA population: 275,000 people). The statistical area is made up of five parishes in northern Louisiana. The statistical area consists of the Monroe Metropolitan Statistical Area and the Ruston Micropolitan Statistical Area. Larger format Dollar General “Plus” store: Combines a general merchandise store with a grocery store. Grocery departments include fresh produce LOUISIANA BROKER OF RECORD: KUEBEL REALTY CHRISTOPHER DOZIER

FOR SALE DETAILS

PRICE

$1,861,700 USD

PRICE/SF

$175 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General NEW 2024 7.30% CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

8750

ASK ABOUT THIS PROPERTY

Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.