SAB Capital is pleased to present Dollar General in Montegut, LA, about 40 miles southeast of New Orleans. There are about 14 years remaining on the lease, with the tenant committing to a 15 year lease in 2021. This is a absolute triple net (NNN) lease with zero landlord responsibilities. Dollar General is a Fortune 100 company with approximately $34 billion in 2021 revenue and over 18,000 existing stores.
- Dollar General in Montegut, LA | 40 Miles From New Orleans
- Long-term Lease | Tenant Committed to 15 Year Lease Starting in 2021
- High-Credit Corporate Guarantee | Dollar General Has Over 17,000 Stores
- Zero Landlord Responsibilities | Absolute NNN Lease Structure
- Low Price Point | Under $2M
- Service-Oriented Tenant | Protected Against E-Commerce Threat To Legacy Retail
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