Available Properties
Dollar General – Arcadia, LA
- 1192 Hazel St, Arcadia, LA 71001
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $800,000
- 9.00%
- 2 years
- NN+
- Corporate Guarantee
Highlights
- Offered at an attractive 9% cap rate
- Ample parking with over 30 spaces
- Durable concrete parking lot and standing seam metal roof
- Designed to Dollar General’s preferred specifications, including a separate entrance for inventory deliveries
- Strategically located adjacent to McDonald’s for increased visibility and customer traffic
Sale Description
AMC Real Estate Investment Services is pleased to offer the opportunity to acquire a Dollar General property located at 1192 Hazel Street in Arcadia, Louisiana. This property boasts a 9.00% cap rate with a net operating income of $72,000. Built in 2007, the 9,014 square foot building sits on a 1.67-acre lot, offering ample space and accessibility. The current lease is structured as a NN+ lease, placing most maintenance responsibilities on the tenant, Dollar General—a Fortune 500 company with over 21,000 locations nationwide and an investment-grade credit rating.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
1 Mile |
3,497 |
$36.8k |
|
3 Mile |
6,850 |
$36.1k |
|
5 Mile |
8,107 |
$35.8k |
