900 E Veterans Meml Dr | Kaplan, LA 70548
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- LoopNet Team
900 E Veterans Meml Dr
Kaplan, LA 70548
New DG Market | Ideal Market Share | 15-Yr · Retail Property For Sale
Investment Highlights
- Corporate lease with Dollar General Corporation | Backed by Baa2/BBB, investment-grade credit
- Long-term investment | New, 15-year lease
- 5% rental increases every 5 years throughout initial terms and options
- Brand-new construction asset featuring Dollar General’s latest, larger DG Market prototype
- Absolute NNN Lease | Tenant is responsible for all maintenance, repairs, insurance, and taxes
- Ideal market share | Little-to-no grocer competition nearby
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,687 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.21 AC
Parking
50 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
186 ft on East 1st Street
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | RK148800 | Improvements Assessment | $9,195 |
| Land Assessment | $6,620 | Total Assessment | $15,816 |
PROPERTY TAXES
Parcel Number
RK148800
Land Assessment
$6,620
Improvements Assessment
$9,195
Total Assessment
$15,816
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