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Dollar Tree 10440 Coursey Blvd 10,000 SF Retail Building Baton Rouge, LA 70816 $1,533,000 ($153.30/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- NEWLY EXTENDED 10+ YEAR LEASE TERM
- ADJACENT TO HOME DEPOT
- VERY STRONG DEMOGRAPHICS | 196,000+ 5-MILE POPULATION
- RARE RENTAL INCREASE IN YEAR 6 OF CURRENT LEASE TERM
- CORPORATE LEASE WITH DOLLAR TREE STORES, INC.
- DOUBLE-NET LEASE | MINIMAL LANDLORD RESPONSIBILITIES
EXECUTIVE SUMMARY
DOLLAR TREE
• DOLLAR TREE IS PUBLICLY TRADED ON NASDAQ
• INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS
• RANKED #139 ON FORTUNE 500 LIST
• 9,000+ STORES IN 48 STATES
• ANNUAL REVENUE OF $17.6 BILLION
• DOLLAR TREE IS PUBLICLY TRADED ON NASDAQ
• INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS
• RANKED #139 ON FORTUNE 500 LIST
• 9,000+ STORES IN 48 STATES
• ANNUAL REVENUE OF $17.6 BILLION
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built
2014
Price
$1,533,000
Price Per SF
$153.30
Cap Rate
7.50%
NOI
$115,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.01 AC
Zoning
C2 - Heavy Commercial District
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01105566 | Improvements Assessment | $108,238 |
| Land Assessment | $33,372 | Total Assessment | $141,610 |
PROPERTY TAXES
Parcel Number
01105566
Land Assessment
$33,372
Improvements Assessment
$108,238
Total Assessment
$141,610
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Dollar Tree | 10440 Coursey Blvd
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