Dollar General NNN Lease
For Sale
Contact for pricing
2800 Bayou Blue Rd, Houma, LA
2013 build-to-suit Dollar General with absolute NNN lease.
Property Size9,026 SF
Lot Size0.27 Acres
Price / SF$146.14
Days on Market430
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
(866) 889-0550
Listed By:
Wyatt Wagner
(310) 750-7845
Source:
Moodyscre
Added: Aug 21, 2025
Changed: Oct 14
Last Checked: Oct 23 at 6:09AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$86,888
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,737,760
$1.7M
Cap Rate 7%
$1,241,257
$1.2M
Cap Rate 9%
$965,422
$965.4K
Market Conditions
NOI Build-Up for 9,026 SF
Gross rent
$130.0K $14.40/SF
− Vacancy
−$5.8K −$0.65/SF
EGI
$124.1K $13.75/SF
− OpEx
−$37.2K −$4.13/SF
NOI
$86.9K $9.63/SF
Area
Terrebonne County, LA
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,737,760
Cap Rate 7%
$1,241,257
Cap Rate 9%
$965,422
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,989 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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
