151 Ruggs Circle, Farmerville, LA 71241

Building Details

Year Built 2017 More

Tenancy Single More

Listing Agency: Marcus & Millichap

Listed By: Daniel Hurd · License FL SL3301193

Source: Crexi

Added: Oct 6 Changed: Nov 8 Last Checked: Nov 8 at 4:39PM

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Investment Insights

Based on property information with market context.

Dollar General operates from a 9,100-square-foot store constructed in 2017. The property is subject to an absolute NNN lease that began with a 15-year term and is scheduled to expire on June 30, 2032. The stated capitalization rate is 7.70%.

Key Highlights

• 9,100‑square‑foot Dollar General store
• Constructed in 2017
• Absolute NNN lease with an original 15‑year term

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dollar General Discount Store Western Union Bank Redbox Cinema

Suggested Use

Top Pick Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Explore this area Business Placement

Demographics for 71241, LA

9,535

Population

3,855

Households

2.5

Avg Household Size

44

Median Age

18%

College-Educated

88%

High-School Grad

193.1 sq mi

ZIP Area

49

Density / Sq Mi

$44,895

Median Household Income

$34,392

Median Earnings

$739

Median Rent

$130,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - The retail property is leased under an absolute NNN structure, with the stated term extending into 2032.

Where is this nnn property located?

The property is located at 151 Ruggs Circle Farmerville, LA.

What is the asking price?

The asking price for this property is $1,136,129.

What are key features of this property?

This property features: 9,100‑square‑foot Dollar General store; Constructed in 2017; Absolute NNN lease with an original 15‑year term