Dollar General 76435 LA-437 Local commercial 982 m² À vendre Covington, LA 70435 1 699 799 € (1 731,64 €/m²) Taux de capitalisation 7 %

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction freestanding Dollar General investment property located at 76435 Highway 437 in Covington, Louisianna (the “Property”). Constructed in 2024, Dollar General has 14 years remaining on their Absolute NNN Lease with five (5), 5-year renewal options. The lease features attractive 5% rent increases every five years throughout the primary lease term and at the start of each renewal option. The new construction Property is positioned along LA Route 437, the area’s primary commuter corridor. The Property is five miles north of Downtown Covington and offers convenient access to the area’s main roads including LA Routes 1081, 21, 25, and 40, and US Highway 190. The Property is across the street from Tammany Terrace, a newer residential development featuring more than 75 attractive single-family homes and is close to several other residential neighborhoods. Covington is situated in southern Louisianna on the north shore of Lake Pontchartrain and is approximately 50 miles north of New Orleans.