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Dollar General Convenience Store

84220 HWY 21 S, Bogalusa, LA 70427

For Sale
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A NNN lease with approximately nine years remaining is in place.

Property SizeContact for details
Days on Market42

Property Features for 84220 HWY 21 S

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Robby Pfeiffer · License GA #380053
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 3:28PM

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 Marcus & Millichap - Atlanta

Rey
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Investment Insights

Based on property information with market context.

The grocery and convenience store property is leased to Dollar General on a NNN basis, with approximately nine years remaining on the lease. Dollar General is publicly traded on the NYSE and carries a BBB/Stable rating from Standard & Poor’s.

The company operates more than 20,000 locations across 48 states. The property is located at 84220 Hwy 21 S in Bogalusa, Louisiana.

Key Highlights

  • Dollar General tenant under a NNN lease
  • Approximately 9+/- years remaining on the lease
  • Tenant is publicly traded on the NYSE

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Big Box & Wholesale Store Wine and Liquor Store Discount Store Bar & Pub

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

30
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70427, LA

17,941
Population
8,424
Households
2.1
Avg Household Size
42
Median Age
15%
College-Educated
85%
High-School Grad
141.4 sq mi
ZIP Area
127
Density / Sq Mi
$43,838
Median Household Income
$26,701
Median Earnings
$777
Median Rent
$124,000
Median Home Value
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - A NNN lease with approximately nine years remaining is in place.
Where is this grocery and convenience store located?
The property is located at 84220 HWY 21 S Bogalusa, LA.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Dollar General tenant under a NNN lease; Approximately 9+/- years remaining on the lease; Tenant is publicly traded on the NYSE
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