Building Details:
2436 Veterans Memorial Dr is located in Erath, LA.
8,625 SQ FT free standng Dollar General with 5 years remaining on leases. High producing store on a NN lease. Can also be purchased with two other Dollar General Buildings. See listings #28724492,#28724489.
• Seasoned store location: The Tenant has called these locations home for 15 years and has extended the lease term on two different occasions.
• Investment Grade Tenant: Dollar General Corporation (S&P: "BBB-" & NYSE: DG). With a revenues of $14.8 billion Dollar General is the nation's premier small-box discount retailer with over 9,900 locations in 39 states.
• Limited Competition in Surrounding Area: The Erath and Gueydan locations have limited competition within a 5 mile radius.
• Ideal 1031 Exchange: Opportunity to acquire a package of Triple-Net (NNN) lease investments guaranteed by an investment grade tenant. Dollar General is a value-oriented retailer who is a recession proof tenant because of their focus on trade area demographics.
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