Dollar General Belle Chasse
13900 Highway 23, Belle Chasse, LA, 70037
ID 8b375141
Overview
Just south of New Orleans, this site is right off HWY 23, near the Naval Air Station Joint Reserve Base and just down the street from other major national retailers such as Ace Hardware, Smoothie King, Taco Bell, NAPA Auto Parts and more. Long Term Occupancy + Extended Lease – Currently there is still 10 years of term remaining with 3 additional 5-year renewals with rental increases of 10%. Passive Ownership – The lease requires minimal landlord responsibilities, offering a both a passive and reliable source of income. Corporate Guaranty – As of 2022, Dollar General a $36 Billion company, has also reported same store sales growth for 33 consecutive years. The retailer continues to prove its resiliency boasting an investment grade credit rating of BBB (S&P) with continued growth plans for the future.