21458 Highway 36 Abita Springs, LA 70420

Listing office Legacy Real Estate Advisors a***@legacycrea.com Show Phone

Listing date Mar 5, 2026

Source Legacycrea

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Investment Insights

Based on property information with market context.

The property is a single-tenant, freestanding Dollar General store located in Abita Springs, Louisiana. The store is strategically situated directly along Highway 36, which experiences a daily traffic volume exceeding 14,000 vehicles. Dollar General has been operating at this location since 2003. The surrounding area has dense, affluent demographics, with over 20,000 residents and an average household income exceeding $89,000 within a 3-mile radius. The location is projected to experience a population growth of +7.63% through 2029 within a 1-mile radius. Dollar General holds an investment-grade credit rating of "BBB" with S&P and a positive/stable outlook. The company's store count increases year over year, further strengthening the corporate guaranty. Recent capital expenditure repairs include parking lot restriping in 2024, both HVAC units replaced in Q3 2024, and exterior LED lights replaced in April 2025 (paid by tenant).

Key Highlights

• Investment grade credit rating of "BBB" with S&P and a positive/stable outlook.
• Strategically situated directly along Hwy 36 experiencing over 14,000+ vehicles passing site daily.
• Dense and affluent demographics - 20,000+ people reside and average household income exceeds $89,000 within 3 miles of site.

Property Analytics

Property Profile Location Intelligence

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FAQs

What type of property is this?

Grocery and convenience store - Freestanding Dollar General on Highway 36 in Abita Springs.

Where is this grocery and convenience store located?

The property is located at 21458 Highway 36 Abita Springs, LA.

What is the asking price?

The asking price for this property is $607,764.

What are key features of this property?

This property features: Investment grade credit rating of "BBB" with S&P and a positive/stable outlook.; Strategically situated directly along Hwy 36 experiencing over 14,000+ vehicles passing site daily.; Dense and affluent demographics - 20,000+ people reside and average household income exceeds $89,000 within 3 miles of site.