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Family Dollar Store 15494 Highway 171 10,500 SF 4-Star Retail Building Ragley, LA 70657 $1,320,000 ($125.71/SF) 8.75% Cap Rate
Investment Highlights
- Newly constructed Family Dollar store
- Brand new, 10-year double net lease
Executive Summary
Brand new 2024 constructed Family Dollar store. Brand new lease commenced January 2024 through January 2034.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$1,320,000
Price Per SF
$125.71
Cap Rate
8.75%
NOI
$115,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.94 AC
Zoning
Com
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0604640465 | Improvements Assessment | $1,882 |
| Land Assessment | $1,750 | Total Assessment | $3,632 |
Property Taxes
Parcel Number
0604640465
Land Assessment
$1,750
Improvements Assessment
$1,882
Total Assessment
$3,632
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Videos
Matterport 3D Exterior
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Family Dollar Store | 15494 Highway 171
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