1401 Shreveport Rd
Minden, LA 71055
Family Dollar · Retail Property For Sale

INVESTMENT OVERVIEW Fortis Net Lease is proud to present a Family Dollar at 1401 Shreveport Rd, Minden, LA. The subject property has a 10 Year NN Lease which requires minimum landlord responsibilities. There are six, five year options to renew with a ten percent increase in every option. The subject property is located on a hard corner. The average household income within 5 miles of the property is over $41,000 and the median house value exceeds $119,000. The surrounding area has a population that exceeds 6,000 residents. TENANT OVERVIEW Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States. Its merchandise assortment includes consumables, such as household chemicals, paper products, food products, health and beauty aids, hardware and automotive supplies, pet food and supplies, and tobacco; and home products comprising blankets, sheets, towels, housewares, giftware, and home decor products. The company also provides apparel and accessories consisting of men's and women's clothing products, boys and girls clothing products, infants clothing products, shoes, and fashion accessories; and seasonal and electronic products, such as toys, stationery and school supplies, and seasonal goods, as well as personal electronics, including pre-paid cellular phones and services. Family Dollar operates approximately 8,100 stores in 46 states. The company was founded in 1959 and is headquartered in Matthews, North Carolina. Most recently, Dollar Tree completed their acquisition of Family Dollar in July of 2015. This merger allows the Dollar Tree-Family Dol-lar organization to operate over 13,000 locations with sales exceeding $19 billion annually and over 145,000 store associates.