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Investment Highlights

  • 17-Year Operating History | 3+ Years Remaining | Scheduled Rental Increases | Corporate Guaranteed
  • Local Demographics in 10-mile Trade Area
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Along Moore St | Nearby Schools & Hospital | Excellent Visibility & Access

Executive Summary

• Dollar General has operated at this location for 17 years and has 3+ years remaining on their current lease with 2 (5-year) options to extend
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,580 location as of May 2025

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,360 SF
Building Class
B
Year Built
2008
Price
$1,162,968 CAD
Price Per SF
$124.25 CAD
Cap Rate
9%
NOI
$104,667 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.93 AC
Zoning
GC - General Commercial
Parking
45 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
425’ on Sparrow Street

Amenities

  • Corner Lot
  • Pylon Sign

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
310179700
Land Assessment
$5,134 CAD
Improvements Assessment
$66,311 CAD
Total Assessment
$71,445 CAD
  • Listing ID: 38072211

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 105 Moore St, Lake Providence, LA 71254

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