The subject property is a freestanding Dollar General retail store located in the southern Louisiana city of Golden Meadow. The City is currently building a new City Hall next to the subject property. LA Hwy. 1 and Alex Plaisance (+/- 60,000 vehicles / weekends) are the two highways connecting Golden Meadow south to Port Fourchon. Port Fourchon is Louisiana’s southernmost port, located on the southern tip of Lafourche Parish, on the Gulf of Mexico. It is a sea port, with significant petroleum industry traffic from offshore Gulf oil platforms and drilling rigs as well as the Louisiana Offshore Oil Port pipeline. Fourchon’s primary service markets are domestic deepwater oil and gas exploration, drilling, and production in the Gulf of Mexico. Port Fourchon currently services over 90% of the Gulf of Mexico’s deepwater oil production. There are over 600 oil platforms within a 40-mile radius of Port Fourchon. This area furnishes 16 to 18 percent of the U.S. oil supply. Grand Isle, a summer destination spot, is the island at the mouth of the Barataia Bay where it meets the Gulf of Meixco. Travelers must pass through Golden Meadow to reach Grand Isle. According to New Orleans-Metairie-Kenner Metropolitan Statistical Report, Grand Isle population has increased by approximately 18,000 people during the summer. Business in the surrounding area include; banks, restaurants, a super market, a convenient store, a hardware store, beauty salons, a variety of boat businesses, seafood markets/restaurants, meat markets, car dealers, contractors, a motel, and antique shops. Residents of Golden Meadow are excited about the opening of the new Dollar General because residence and travelers passing through town previously had to travel 5 miles to Wal-Mart or approximately 3 miles to a Dollar General in a nearby city for their shopping needs.

Tenant: Dollar General Corp.
Dollar General Corp. is a Fortune 500 deep discount retailer with 8,205 stores as of June 2009. Dollar General stores offer convenience and value to customers, by offering consumable basic items that are frequently used and replenished, such as food, snacks, health and beauty aids and cleaning supplies, as well as a selection of basic apparel, housewares and seasonal items at everyday low prices. Dollar General Corporation operated as a public company from 1968 until July 6, 2007 at which time, an investment group consisting of affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR), GS Capital Partners (an affiliate of Goldman Sachs), Citi Private Equity and other co-investors completed an acquisition of Dollar General Corporation for a total enterprise value of $7.3 billion.