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Dollar Tree 2221 S Union St 10,000 SF Retail Building Opelousas, LA 70570 $2,310,344 ($231.03/SF) 7.25% Cap Rate
Investment Highlights
- Extremely attractive 7.25% Cap Rate | Corporate lease from Dollar Tree | 20-Year transferable Roof Warranty
- 10-Year NN+ Lease which includes Four, 5-Year extension periods
- Strategically located adjacent to a Walmart Neighborhood Market and Super Food center
- Brand new 2025 build-to-suit construction for Dollar Tree featuring the latest prototype and specifications
- 20-Year transferable Roof Warranty | Situated on a large 1.74 Acre parcel
- Surrounded by strong national retailers including McDonald’s, Raising Cane’s, Walmart, Taco Bell, Check Point Urgent Care and Hobby Lobby
Executive Summary
Broker of Record
Donnie Jarreau
License # BROK.32688-ACT (LA)
Firm # BROK.995704351-CORP (LA)
Matthews Real Estate Investment Services, Inc
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550
Donnie Jarreau
License # BROK.32688-ACT (LA)
Firm # BROK.995704351-CORP (LA)
Matthews Real Estate Investment Services, Inc
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,000 SF
Year Built
2025
Price
$2,310,344
Price Per SF
$231.03
Cap Rate
7.25%
NOI
$167,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.74 AC
Frontage
350’ on Union St
Nearby Major Retailers
Property Taxes
| Parcel Number | 0102505000 | Improvements Assessment | $0 |
| Land Assessment | $26,860 | Total Assessment | $26,860 |
Property Taxes
Parcel Number
0102505000
Land Assessment
$26,860
Improvements Assessment
$0
Total Assessment
$26,860
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Dollar Tree | 2221 S Union St
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