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Dollar General NNN Property
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703 Hwy 93, Carencro, LA 70520

Absolute NNN lease structure eliminates landlord responsibilities and includes scheduled option-period rent increases.

Property Size9,026 SF
Price / SF$124.76
Days on Market160

Property Features for 703 Hwy 93

General Information

Standard status Active
Size 9,026 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $84,453

Building Details

Year Built 2015
Tenancy Single
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #40628602
Source: Crexi
Added: Mar 26 Changed: Aug 30 Last Checked: Aug 30 at 10:08PM

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 Bang Realty

Investment Insights

Based on property information with market context.

This Dollar General property in Carencro, Louisiana, contains 9,026 square feet and was built in 2015. The asset is subject to an absolute NNN lease, with the landlord responsible for none of the property’s operating obligations under the stated structure.

The current lease term has 4 years remaining. Option periods provide for a 10% rent increase every five years, creating defined contractual escalation points within the lease framework.

Key Highlights

  • Dollar General property in Carencro, LA
  • 9,026‑square‑foot building constructed in 2015
  • Absolute NNN lease with zero landlord responsibilities

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Storage Facility Grocery & Convenience Store Restaurant

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

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,444 visits/mo 0.2 miles

Demographics for 70520, LA

20,017
Population
9,011
Households
2.2
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
38.8 sq mi
ZIP Area
516
Density / Sq Mi
$65,956
Median Household Income
$43,019
Median Earnings
$953
Median Rent
$199,600
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 - Absolute NNN lease structure eliminates landlord responsibilities and includes scheduled option-period rent increases.
Where is this nnn property located?
The property is located at 703 Hwy 93 Carencro, LA.
What is the asking price?
The asking price for this property is $1,126,045.
What are key features of this property?
This property features: Dollar General property in Carencro, LA; 9,026‑square‑foot building constructed in 2015; Absolute NNN lease with zero landlord responsibilities
(888) 737-2264 Call to check price and availability
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