1609 Ames Blvd
Marrero, LA 70072
Family Dollar (New Orleans) · Retail Property For Sale

Available now is the opportunity to acquire a Family Dollar in New Orleans, Louisiana. The property consists of a 9,180-square foot, freestanding building that sits on approximately 1.07 acres of land. There are approximately 5.8 years remaining on the current lease term, with 7.5 percent rental escalations scheduled every six years in the options. Family Dollar signed an early two-year lease extension in 2020, showing their commitment to the site. The property has excellent access and visibility on Ames Boulevard, where traffic counts exceed 27,500 vehicles per day. The area is extremely dense with more than 239,423 residents within a five-mile radius and a 258,247-daytime population. Surrounding retailers in the immediate area include Walmart Supercenter, Lowe’s, McDonald’s, O’Reilly Auto Parts, AutoZone, Shell, Popeyes Louisiana Kitchen, Wendy’s, Burger King, and many more. New Orleans is the most populous city in Louisiana with an estimated 390,144 residents in 2019. It is a major port and is considered an economic and commercial hub for the broader Gulf Coast region of the United States. New Orleans is world-renowned for its distinct music, Creole cuisine and its annual celebrations and festivals, most notably Mardi Gras.