REIT Sale | Former Dollar General | Built 2011 | 7K VPD

Starting Bid $1

• ±9,101 SF Freestanding Value-Add Retail on 0.98 Acres Available at Substantial Discount Below Replacement Cost
• Former Dollar General with Open Floor, Rear Storage Room, and Side Door for Deliveries
• Signalized Hard Corner of Reddix Lane and Standifer St with Traffic Counts of 7,224 VPD Combined | 0.5-Mi from US-165 (25K VPD) and 3-Mi from I-20
• Nearby National Retailers: Family Dollar, McDonald’s, Burger King, KFC, Popeyes, Sonic, Super 8, Quality Inn
• Attractive Demographics with ±58,364 People and Annual Household Income of ±$49,086 within 5-Mile Radius
• Zoned Commercial District with a Variety of Permitted Retail/Commercial Uses
• Absolute $1 Auction – NO RESERVE!

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Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing retail building located at 3415 Reddix Lane in Richwood, Louisiana (the “Property”). Formerly occupied by Dollar General, the Property is offered significantly below replacement cost, presenting an exceptional opportunity for owner/users or investors to acquire a well-located commercial asset at a substantial discount. FIRST BID MEETS RESERVE!

Constructed in 2011, the Property consists of a one-story, free-standing retail building totaling ±9,101 gross square feet situated on a ±0.98-acre parcel (±42,496 SF) with 30 surface parking spaces. Positioned on a signalized hard corner, the site benefits from dual curb cuts and ±295 feet of frontage along Reddix Lane, with ±3,663 vehicles per day (VPD), as well as ±152 feet of frontage along Standifer Street ±3,561 VPD.