• Dollar General - 15936 LA Highway 16, French Settlement, LA 70733

For Sale

Retail

For Sale

This property is available for sale
1.11
Acres
$615,000
Sale Price
  • Year Built
    2005
  • Total Building Size
    9,014 RSF
  • 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.

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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 Type
    Retail
  • Submarket
  • Year Built
    2005
  • Sale Price
    $615,000
  • Total Building Size
    9,014RSF
  • Total Acres
    1.11
  • Sale Status
    Available
  • Property ID
    1539891

Landlord's Sales Representative

  • Roger Bajon