1035 Cedar Ln Ville Platte, LA 70586
NNN leased Dollar General with approximately 10.5 years remaining.
Property size:
9,026 SFLot size:
7.06 AcresProperty Features for 1035 Cedar Ln
General Information
- Size
- 9,026 SF
- Lot size
- 7.06 Acres
Source:
Moodyscre
Listing Agent: Gannon Ethington
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Dollar General NNN Investment Opportunity
This property is an absolute NNN leased Dollar General, offering passive ownership with zero landlord responsibilities. The tenant, Dollar General, has a "BBB" credit rating from S&P, indicating strong creditworthiness and financial stability. The lease has approximately 10.5 years of lease term remaining, providing secure and predictable income. The property benefits from an exclusive market position with no direct competition in the immediate vicinity. Dollar General has demonstrated consistent performance across economic cycles and was recognized with a globe business excellence award for its operational resilience during the COVID-19 pandemic. The property is located on Veteran Memorial Highway, which sees traffic counts of 2,600 vehicles per day. The property size is 9,026 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Ville Platte
- County
- Evangeline
- State
- Louisiana
- Longitude
- -92.414675
- Latitude
- 30.875651
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - NNN leased Dollar General with approximately 10.5 years remaining.
Where is this grocery and convenience store located?
The property is located at 1035 Cedar Ln Ville Platte, LA.
What is the asking price?
The asking price for this property is $1,252,059.
What are key features of this property?
This property features: - Absolute NNN lease - Zero landlord responsibilities, offering true passive ownership.; - Long-term lease - Approximately ±10.5 years of lease term remaining, providing secure and predictable income.; - Investment-grade tenant - Dollar General holds a “BBB” credit rating from S&P, reflecting strong creditworthiness and financial stability.