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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
Freestanding
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

PROPERTY TAXES

Parcel Number
RK148800
Land Assessment
$4,655
Improvements Assessment
$6,466
Total Assessment
$11,121
  • Listing ID: 31536966

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: 900 E Veterans Meml Dr, Kaplan, LA 70548

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