4932 La-34 West Monroe, LA 71292

This exceptional investment opportunity presents a 9,100 square foot, single-tenant, absolute NNN leased convenience store in West Monroe, Louisiana. The property, built in 2017, boasts a strong 7% cap rate and a substantial 7.5 years remaining on the primary lease term with Dollar General, a Fortune 500 company. The lease features three, five-year options with a 10% rent increase in each, providing a built-in hedge against inflation. The tenant, Dollar General, is investment-grade rated (Baa2/BBB) and has demonstrated consistent growth, exceeding $37.8 billion in annual net sales in 2023. The property sits on a 1.82-acre lot with ample parking (30 spaces) and enjoys excellent visibility from LA-34. The asking price is $1,156,000, translating to $127.03 per square foot. The property's strong tenant, long lease term, and built-in rent increases make it an attractive investment for those seeking stable, passive income with significant upside potential. The Net Operating Income (NOI) is $80,903. This is a truly exceptional opportunity to acquire a high-quality, well-located retail property with a financially sound and expanding tenant.