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Dollar General Portfolio

10970 US Highway 61 Saint Francisville, LA 70775

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Overview

Lee & Associates is pleased to present to qualified investors the opportunity to acquire the Dollar General WV Portfolio, which consists of 3 properties in Louisiana. This portfolio has a truly unique value proposition in terms of both yield and stability. The 3 Dollar General locations comprising this portfolio are in secondary markets across the state of Louisiana. Each respective location is the product of an extremely rigorous and detailed site selection process. Dollar General has a propriety algorithm that has been developed and implemented for the site selection process. Each one of the locations selected in this portfolio went through this analysis in an effort to locate stores in the areas with the highest demand for their products and service. These Dollar General locations have an extremely low cost of occupancy which contributes to robust economic profitability at both the unit and state level. With a weighted average remaining lease term of over 5.24 years across the portfolio and all locations benefiting from multiple 5-year options, the income stream is poised to be both predictable and reliable with NOI growth from contractual rent increases. The portfolio has been very well maintained by the current ownership providing zero deferred maintenance. This is an extremely rare opportunity to purchase a portfolio of Dollar Generals or an individual location out of the portfolio with long-term historical occupancy. The invest grade credit coupled with zero landlord responsibilities provides an investor the opportunity to purchase a very high-quality passive income stream.

For Sale

Retail

Secondary Uses: Mixed Use

Sale Price
$1,472,800
Price Per SF
$161.8/SF
Building Size
9,100 SF
Acres
2.08 ac
Number of Buildings
1
Floors
1
Year Built
2015
Rentable SF
5,200
Submarket
94
Nearest MSA
Baton Rouge
Property Status
Existing
County
West Feliciana Parish
Created
2025-03-24
Updated
2025-03-27
Listing ID
94abe4b2