Triple Net Lease For Sale

The Boulder Group is pleased to exclusively market a triple net lease for sale Dollar General property located in Natchez, Louisiana. The property is strategically located along the trade area’s primary north-south thoroughfare. The Dollar General was constructed in 2015. There are fourteen years remaining on the Dollar General lease which expires on May 31, 2030. The lease features 10% rental escalations in each of the three 5-year renewal option periods. This absolute triple net lease features no landlord responsibilities.

The 9,014 square foot triple net lease for sale Dollar General building is strategically located along Louisiana Highway 1 which is the primary north-south thoroughfare in the trade area. The property is located approximately forty miles north of Alexandria. The Alexandria MSA has a population of 155,000 people. The property is located approximately seventy miles south of the Shreveport MSA which has a population of 450,000 people.

Dollar General is an investment grade rated company with a Standard & Poor’s rating of BBB. On October 15, 2015, Standard & Poor’s upgraded Dollar General from BBB- to BBB. Dollar General is publicly traded on the New York Stock Exchange (DG) with a market capitalization in excess of $23 billion. As of March 23, 2016, Dollar General operated 12,483 stores located in 43 states.