Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1823 Highway 117 Provencal, LA 71468

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,168,590

    NNN leased Dollar General with approximately 10.5 years remaining.

    Property size:
    9,100 SF
    Lot size:
    1.06 Acres

    Property Features for 1823 Highway 117

    General Information

    Size
    9,100 SF
    Lot size
    1.06 Acres

    Source: Matthews Real Estate Investment Services - Corporate 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, holds a "BBB" credit rating from S&P, indicating strong creditworthiness and financial stability. The lease has approximately 10.5 years of 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 Hwy 117 and sees traffic counts of 2,500 VPD. The property size is 9,100 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Parts Store Food Market Grocery Store Italian Restaurant Plumbing Service Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provencal
    County
    Natchitoches
    State
    Louisiana
    Longitude
    -93.203056
    Latitude
    31.650898

    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 1823 Highway 117 Provencal, LA.
    What is the asking price?
    The asking price for this property is $1,168,590.
    What are key features of this property?
    This property features: - Absolute NNN Lease: Enjoy true passive ownership with zero landlord responsibilities.; - **Investment-Grade Tenant:** Benefit from the financial stability and reliable income of Dollar General, rated 'BBB'.; - **Long-Term Lease:** Secure predictable income with approximately ±10.5 years remaining on the lease.
    (309) 737-7869
    Request Owner's contact information
    1823 Highway 117 Provencal, LA 71468
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1823 Highway 117
    Provencal, LA 71468
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1823 Highway 117 Provencal, LA 71468
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.