Retail Property with National
5641 Wye Rd Lakeland, LA 70752
For Sale
Contact for pricing
Retail space leased to Dollar General in Lakeland, Louisiana.
Property Size9,026 SF
Lot Size1.44 Acres
Price / SF$150.04
Days on Market824
Property Features for 5641 Wye Rd
General Information
- Standard status
- Active
- Size
- 9,026 SF
- Lot size
- 1.44 Acres
- Property subtype
- Retail
Listing Agency:
NVST Real Estate Solutions
(337) 263-2397
Listed By:
Hardtner Klumpp · License #LA 0995681882
Source:
Crexi
Added: Apr 22, 2024
Changed: Jul 6
Last Checked: Jul 22 at 12:06PM
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 NVST Real Estate Solutions
Investment Insights
Based on property information with market context.
Located at 5641 Wye Rd in Lakeland, Louisiana, this retail property is situated just off HWY 1 in Northwest Baton Rouge. The property features 9,026 square feet of retail space on a 62,726 square foot lot. The property is leased to Dollar General, offering a passive income stream. The single-tenancy property has a 100% occupancy rate. The corporate guaranty from Dollar General, a $36 billion company, ensures continued rental growth. The property offers a 6.75% cap rate.
Key Highlights
- Stable, long‑term lease with Dollar General providing a passive income stream.
- Corporate guaranty from Dollar General, a $36 billion company, ensuring continued rental growth.
- Attractive 6.75% cap rate.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Western Union
Bank
FAQs
What type of property is this?
Grocery and convenience store - Retail space leased to Dollar General in Lakeland, Louisiana.
Where is this grocery and convenience store located?
The property is located at 5641 Wye Rd Lakeland, LA.
What is the asking price?
The asking price for this property is $1,354,281.
What are key features of this property?
This property features: Stable, long‑term lease with Dollar General providing a passive income stream.; Corporate guaranty from Dollar General, a $36 billion company, ensuring continued rental growth.; Attractive 6.75% cap rate.
