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905 W Gloria Switch Rd is aland property for lease in Lafayette, LA. The property currently has 1 land for lease and is marketed by Land Hawk Commercial Real Estate, LLC.
8100 SQ FT retail space w/Dollar General as tenant in place w/ 6years remaining on NN lease. Can also be purchased with 2 other Dollar Deneral Stores.
Seasoned store location: The Tenant has called these locations home for 15 years and has extended the lease term on two different occasions.
Investment Grade Tenant: Dollar General Corporation (S&P: "BBB-" & NYSE: DG). With a revenues of $14.8 billion Dollar General is the nation's premier small-box discount retailer with over 9,900 locations in 39 states.
Limited Competition in Surrounding Area: The Erath and Gueydan locations have limited competition within a 5 mile radius.
Ideal 1031 Exchange: Opportunity to acquire a package of Triple-Net (NNN) lease investments guaranteed by an investment grade tenant. Dollar General is a value-oriented retailer who is a recession proof tenant because of their focus on trade area demographics.
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