Jennings, LA 70546

Dollar General

Property Address

3121 Evangeline Highway, Jennings, LA, USA

Offering Summary

  • Price: $1,121,400
  • Lot Size: 1.15 Acres
  • Cap Rate: 6.75%
  • Year Built: 2017
  • Building SF: 9,026
  • Status: Available
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  • Absolute Triple-Net (NNN) Corporate Lease with Nine Years Remaining
  • 10 Percent Rental Increases in Each of Four, Five-Year Renewal Option Periods
  • Growing Trade Area with 25,014 Residents within a 10-Mile Radius
  • Limited Competition - Subject Property is the Only Discount/Dollar Store Located within a Five-Mile Radius
  • Situated Five Minutes Off the I-10 Freeway, a Major Connector with Direct Access to Lake Charles to the West and Lafayette to the East
  • Seven Miles from Jennings' Primary Retail Corridor - Major Tenants Include Walmart, Tractor Supply Co, Dollar Tree, McDonald's, and Taco Bell

Broker Information