Lake Providence, LA - Dollar General
$882,000
105 Moore St, Lake Providence, LA 71254
0.085
Cap Rate
74,970
NOI
Details:
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 strategically along Moore St
• The site is in close proximity to East Carroll Parish Hospital (23-beds), General Trass High School (230 students), Griffin Middle School (168 students), further increasing consumer traffic to the immediate trade area
• The asset has excellent visibility via street frontage providing ease and convenience for customers
Location

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