Land Available For Lease @ 905 W Gloria Switch Rd

905 W Gloria Switch Rd, Lafayette, LA 70507

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Ruth W.

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8100 SQ FT retail space w/Dollar General as tenant in place w/ 6years remaining on NN lease. Can also be purchased with 2 other Dollar Deneral Stores.
• 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.

Listing company: Land Hawk Commercial Real Estate, LLC

Pricing: $0.08/sqft

Availability: Now

Listing ID: 580814


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Rate: $1 per sqft per year

Size: 43,124 square feet

Type: Land

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