3299 La Highway 78
Livonia, LA 70755

Fortis Net Lease is pleased to present this 8,125SF Dollar General store located in Livonia, LA. The property is encumbered with a Five (5) Year NN Lease, Limited landlord responsibilities. The lease contains 2 (5) Yr. Options to renew, each with a rental rate increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store recently went under an extension which shows they are committed to this location. This Dollar General is highly visible as it is strategically positioned off LA 78. The five mile population from the site is 4,262 while the two mile average household income $68,862 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 8.35% cap rate based on NOI of $40,980.