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6130 Highway 129
Monterey, LA 71354

Dollar General | 8-Yrs NNN | BBB Credit · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate lease with Dollar General Corporation | Backed by Baa2/BBB, investment-grade credit
  • Ideal market share | Subject property is the only dollar store for an 21-mile radius
  • NNN Lease | Tenant is responsible for all maintenance, repairs, insurance, and taxes
  • High-Quality Construction | Built in 2017
  • Long-term investment | 8 Years Remaining in Primary Lease Term
  • Strong, expanding company | In 2023, Dollar General ranked #108 on Fortune 500 list and was listed on Fortune’s World’s Most Admired Companies list

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.41 AC
Parking
30 Spaces (3.32 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0500065000A
Land Assessment
$13,282
Improvements Assessment
$96,363
Total Assessment
$109,645
  • Listing ID: 32310390

  • Date on Market: 2024-07-01

  • Last Updated:

  • Address: 6130 Highway 129, Monterey, LA 71354

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