5641 Wye Rd Lakeland, LA 70752

This exceptional investment opportunity presents a 9,026 square foot retail property located at 5641 Wye Rd, Lakeland, Louisiana, 70752. The property sits on a substantial 62,726 square foot lot and is currently 100% occupied by Dollar General under a single-tenant lease with eight years remaining. The building, a single-story structure, offers a strong cap rate of 6.75% and a price per square foot of $150.04, totaling an asking price of $1,354,281. This prime retail location benefits from its proximity to Highway 1 in Northwest Baton Rouge. The investment is further secured by Dollar General's investment-grade credit rating and corporate guaranty, providing a reliable and consistent income stream. The property's excellent condition and the tenant's strong financial performance contribute to a low-risk, high-return investment profile. This is a rare opportunity to acquire a well-maintained, single-tenant retail property with a nationally recognized tenant, offering significant long-term income potential and stability. The property's size and location make it an attractive asset for investors seeking a secure and profitable addition to their portfolio. The current lease ensures a consistent cash flow, minimizing vacancy risks and maximizing return on investment.