82020 La-25Folsom, LA 70437

Property Details for 82020 La-25

Property size (Sq ft)

9,100 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 9,100 square foot Dollar General store located at 82020 LA-25, Folsom, Louisiana 70437, within St. Tammany Parish. The property is offered at $819,000, representing a compelling $90 per square foot price. Currently operating under a triple-net (NNN) lease, this property boasts 100% occupancy, providing immediate and consistent cash flow. The attractive 6.00% cap rate makes this a strong addition to any diversified portfolio. The property is zoned for commercial use, ensuring flexibility and future potential. Situated on a prominent location in Folsom, LA, this Dollar General benefits from high visibility and convenient access for customers. The property's strong tenant and favorable lease terms offer a secure and stable investment opportunity with significant long-term growth potential. This is a rare chance to acquire a high-performing retail asset in a thriving Louisiana market. The property's size and location make it an ideal investment for both seasoned and new investors seeking a reliable and profitable addition to their holdings. Detailed financial information is available upon request.

Location Insight

City

Folsom

County

St. Tammany Parish

State

Louisiana

Latitude

30.6222

Longitude

-90.1851

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