This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

945 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

DOLLAR GENERAL 1382 Highway 139

9,014 SF Retail Building Monroe, LA 71203 $1,033,272 CAD ($115 CAD/SF) 9% Cap Rate

Retail Buildings Louisiana Monroe 1382 Highway 139, Monroe, LA 71203

Investment Highlights

  • List price of $726,000 yielding an attractive 9.00% cap rate.
  • The lease contains three, 5-year options to extend with 10% rental increases.
  • Located on the corner of LA-139 & Lincoln Hills Drive, this ±1.75 acre parcel is exposed to over ±16,400 vehicles per day (VPD).
  • The tenant has been operating at this location for ±19 years and has exercised two, 5-year options to extend
  • 2005 built-to-suit construction for Dollar General including a ±9,014 square foot building and concrete parking lot.
  • There are over 29,107 residents living within a 5-mile radius and over 103,121 residents living within a 10-mile radius.

Executive Summary

Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2005
Price
$1,033,272 CAD
Price Per SF
$115 CAD
Cap Rate
9%
NOI
$92,994 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.75 AC

Links

1 of 1

PROPERTY TAXES

Parcel Number 79501 Improvements Assessment $0 CAD
Land Assessment $2,420 CAD Total Assessment $2,420 CAD

PROPERTY TAXES

Parcel Number
79501
Land Assessment
$2,420 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,420 CAD
(732) 832-5414

Contact

  • Listing ID: 34234516

  • Date on Market: 2024-12-18

  • Last Updated:

  • Address: 1382 Highway 139, Monroe, LA 71203

The Retail Property at 1382 Highway 139, Monroe, LA 71203 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Nearby Listings

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
1382 Highway 139, Monroe, LA for sale Primary Photo- Image 1 of 4
DG - Monroe, LA - hero 1 wm
1382 Highway 139, Monroe, LA for sale Building Photo- Image 2 of 4
DG - Monroe, LA - hero 2 wm
1382 Highway 139, Monroe, LA for sale Building Photo- Image 3 of 4
DG - Monroe, LA - map 1 wm

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

DOLLAR GENERAL | 1382 Highway 139
(732) 832-5414 x

DOLLAR GENERAL | 1382 Highway 139

Edward Desimone

(732) 832-5414

(732) 832-5414

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link