Maringouin, LA - Dollar General
$912,847
77280 Landry Dr, Maringouin, LA 70757
For Sale
Retail
Active
Last Updated: 10/15/2025
8.5
Cap Rate
77,592
NOI
Details:
Cap Rate: 8.5%
NOI: $77,592
Building Size: 9,014 sqft
Lot Area: 0.75 acres
Zoning: General Commercial
Description:
• Dollar General has operated at this location for 17 years and has 3+ years remaining on their current lease with 2 (5-year) options to extend
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,580 location as of May 2025
• Dollar General is located just off of State Hwy 77, a major retail road that averages 3,200 vehicles passing by daily
• The site benefits from limited to no competition in the immediate trade area
Location
Gallery
