For Sale
For Sale
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Year Built
2005
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Total Building Size
9,014 RSF
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Overview
This property is located along LA Highway 16 in the southern portion of Livingston Parish, between LA Highway 42 and LA Highway 22. French Settlement is a small, rural community but one in which the population has been steadily growing. The subject site is approximately 1.1 acres with +/-166 feet frontage along the northeast side of La Hwy 16. Property is a free-standing Dollar General completed in 2005. In June of 2020 Dollar General executed an early five (5) year extension, taking the existing lease term out to March 31, 2026. Thereafter, DG has five additional 5-year extension options each with a 10% increase in both the rent and the parking lot maintenance reimbursement.
Property Details
This property is located along LA Highway 16 in the southern portion of Livingston Parish, between LA Highway 42 and LA Highway 22. French Settlement is a small, rural community but one in which the population has been steadily growing. The subject site is approximately 1.1 acres with +/-166 feet frontage along the northeast side of La Hwy 16. Property is a free-standing Dollar General completed in 2005. In June of 2020 Dollar General executed an early five (5) year extension, taking the existing lease term out to March 31, 2026. Thereafter, DG has five additional 5-year extension options each with a 10% increase in both the rent and the parking lot maintenance reimbursement.
- Property TypeRetail
- Submarket
- Year Built2005
- Sale Price$615,000
- Total Building Size9,014RSF
- Total Acres1.11
- Sale StatusAvailable
- Property ID1539891