Contacts
AMC Real Estate Investment Services
Property Details
- Property Type Retail
- Property Size 10,414 SF
- Lot Size 1.29 Acre
- Cap Rate % 8.5
- NOI / YR $78,088.00
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2007
- Date Updated Dec 13, 2024
- Visibility/Traffic Count (VPD) 3,898
AMC Real Estate Investment Services is pleased to offer for sale this 100% occupied Dollar General-anchored shopping center located at 203 N Louisiana St, Plain Dealing, LA. This center, which spans 10,414 square feet on 1.29 acres, boasts two long-standing tenants, both nearing their 17th year of occupancy, demonstrating strong tenant loyalty and stability.
This prime investment is strategically situated just a short drive from Shreveport, providing excellent regional connectivity. Notably, the Teal Jones Group, a Canadian forestry products company, is constructing a $110 million sawmill in Plain Dealing. Scheduled to commence operations in the summer of 2024 and reach full production by fall 2024, this 235-acre facility is expected to create 125 direct jobs with average annual salaries of $47,000, plus benefits. Additionally, Louisiana Economic Development estimates the project will support at least 369 indirect jobs, totaling approximately 494 new jobs in the region. This significant economic development is poised to enhance the local market appeal and stimulate further growth in the area.
Offered as part of a portfolio with a Stand Alone NN+ Leased Dollar General in Arcadia, LA.
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Asking Price $800,000
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Cap Rate: 9.00%
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9,014 SF on a 1.67 Acre Lot
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17 Year Occupancy
Reach out to the broker for more info on lease terms and amenities
Getting around
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41/100
Walk Score ®
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37/100
Bike Score ®
Location
- City Plain Dealing, LA
- Neighborhood Plain Dealing
- Zip Code 71064
Points of Interest
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Main Street
9.85 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
AMC Real Estate Investment Services