Dollar General NNN Lease
2800 Bayou Blue Rd Houma, LA
For Sale
Contact for pricing
2013 build-to-suit Dollar General with absolute NNN lease.
Property Size9,026 SF
Lot Size0.27 Acres
Price / SF$146.14
Days on Market344
Property Features for 2800 Bayou Blue Rd
General Information
Standard status
Active
Size
9,026 SF
Lot size
0.27 Acres
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services | Phoenix
(310) 750-7845
Listed By:
Wyatt Wagner
(310) 750-7845
Source:
Moodyscre
Added: Aug 21, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:36AM
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 Matthews Real Estate Investment Services | Phoenix
Investment Insights
Based on property information with market context.
This property features a 2013 build-to-suit construction for Dollar General. The lease is an absolute NNN lease, meaning zero landlord responsibilities. The lease is corporately guaranteed by Dollar General Corporation. The surrounding area has a five-mile population in excess of 37,643 residents and an average household income of $83,469. Nearby national tenants include Tractor Supply, AMC, Autozone, Walmart, Lowe’s, Best Buy, and Verizon.
Key Highlights
- Absolute NNN Lease – Zero Landlord Responsibilities
- Corporately guaranteed lease from Dollar General Corporation
- 2013 build‑to‑suit construction for Dollar General
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.0k | $14.40 |
| − Vacancy | −$5.8k | −$0.65 |
| EGI | $124.1k | $13.75 |
| − OpEx | −$37.2k | −$4.13 |
| NOI | $86.9k | $9.63 |
9,026 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.99M
$1.75M – $2.33M
NOI $139,641 @ 7.0% cap · market cap 10.59%
Second Best
Retail
$1.24M
$1.09M – $1.45M
NOI $86,888 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M
NOI $174,166 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 2013 build-to-suit Dollar General with absolute NNN lease.
Where is this grocery and convenience store located?
The property is located at 2800 Bayou Blue Rd Houma, LA.
What is the asking price?
The asking price for this property is $1,319,063.
What are key features of this property?
This property features: Absolute NNN Lease – Zero Landlord Responsibilities; Corporately guaranteed lease from Dollar General Corporation; 2013 build‑to‑suit construction for Dollar General
