Dollar General Grocery
For Sale
Contact for pricing
211 Frisco St, Port Barre, LA 70577
Operating retail location with a corporate guaranty, NN lease structure, and renewal options featuring scheduled rent increases.
Property Size9,165 SF
Days on Market145
Property Features for 211 Frisco St
General Information
Standard status
Active
Size
9,165 SF
Property subtype
Retail
Net Operating Income
$43,200
Additional Details
Cap Rate
8.25%
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Kyle Carson · License #MI 6501384480
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 1:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
The property is a 9,165-square-foot Dollar General store at 211 Frisco St in Port Barre, Louisiana. The building is open and has operated with rent commencing in 2005. The current lease is structured as a Five Year NN lease, limiting landlord responsibilities, and includes two five-year renewal options with rental rate increases.
Dollar General Corporation provides the lease guaranty and carries a BBB credit rating, identified in the property information as investment grade. The store is positioned off Frisco St and serves a five-mile population of 6,059. The offering also carries an 8.25% cap rate and may accommodate a 1031 exchange or passive ownership strategy.
Dollar General Corporation provides the lease guaranty and carries a BBB credit rating, identified in the property information as investment grade. The store is positioned off Frisco St and serves a five-mile population of 6,059. The offering also carries an 8.25% cap rate and may accommodate a 1031 exchange or passive ownership strategy.
Key Highlights
- 9,165 SF Dollar General store at 211 Frisco St, Port Barre, LA 70577
- Five (5) Year NN lease with limited landlord responsibilities
- Two (2) 5 Yr. renewal options with rental rate increases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
35k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Shops & Services 22%
McDonald's
Dining
21,137 visits/mo
0.1 miles
Dollar General
Shops & Services
7,883 visits/mo
0.2 miles
Taco Bell
Dining
6,093 visits/mo
0.0 miles
Demographics for 70577, LA
4,424
Population
2,042
Households
2.2
Avg Household Size
40
Median Age
8%
College-Educated
88%
High-School Grad
76.1 sq mi
ZIP Area
58
Density / Sq Mi
$46,250
Median Household Income
$31,693
Median Earnings
$693
Median Rent
$98,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating retail location with a corporate guaranty, NN lease structure, and renewal options featuring scheduled rent increases.
Where is this grocery and convenience store located?
The property is located at 211 Frisco St Port Barre, LA.
What are key features of this property?
This property features: 9,165 SF Dollar General store at 211 Frisco St, Port Barre, LA 70577; Five (5) Year NN lease with limited landlord responsibilities; Two (2) 5 Yr. renewal options with rental rate increases
