Log In/Sign Up
Your email has been sent.
1609 Ames Blvd
Marrero, LA 70072
Family Dollar BTS | New Orleans Suburb · Retail Property For Sale
Investment Highlights
- Lease through 2032
- 9180 Rentable SF
- Steady income and population growth in the area over
- Excellent traffic counts - 27,000 vehicles a day
- Built 2014, renovated 2020
Executive Summary
Strong 7.5% cap rate, NN
One of the region’s highest performing locations
Lease on this location just renewed through June 2032, guaranteed by Family Dollar
5 REMAINING RENEWAL OPTIONS WITH 7.5% BUMPS EACH
172’ Frontage on Ames Blvd
Founded in 1959, Family Dollar remains a key part of the US retail landscape, operating over 8,000 locations throughout the country, with 264 currently in Louisiana alone.
Formerly a sister brand of Dollar General, Family Dollar is now a standalone brand under distinct ownership.
Location underwent interior renovation in 2020
One of the region’s highest performing locations
Lease on this location just renewed through June 2032, guaranteed by Family Dollar
5 REMAINING RENEWAL OPTIONS WITH 7.5% BUMPS EACH
172’ Frontage on Ames Blvd
Founded in 1959, Family Dollar remains a key part of the US retail landscape, operating over 8,000 locations throughout the country, with 264 currently in Louisiana alone.
Formerly a sister brand of Dollar General, Family Dollar is now a standalone brand under distinct ownership.
Location underwent interior renovation in 2020
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2014
Price
$1,695,000
Price Per SF
$184.64
Cap Rate
7.46%
NOI
$126,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.07 AC
Zoning
C-1 - COMMUNITY BUSINESS
Parking
28 Spaces (3.05 Spaces per 1,000 SF Leased)
Frontage
172’ on Ames Blvd
Property Taxes
| Parcel Number | 0420002584 | Improvements Assessment | $166,380 |
| Land Assessment | $37,260 | Total Assessment | $203,640 |
Property Taxes
Parcel Number
0420002584
Land Assessment
$37,260
Improvements Assessment
$166,380
Total Assessment
$203,640
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
