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Family Dollar 3000 Highway 10 7,056 SF Retail Building Jackson, LA 70748 $449,000 ($63.63/SF) 8.01% Cap Rate
Investment Highlights
- Attractive Low Price Point and Cap Rate
- Over 8,000 Family Dollar Stores
- Strong credit tenant; E-Commerce resilient tenant
Executive Summary
Excellent netleased investment opportunity to purchase the single-tenant, freestanding Family Dollar located in Jackson, Louisiana. The 7,056 SF freestanding building is situated on approximately .47 acres off of Charter St. The property is being offered at an attractive 8% cap rate and is an ideal opportunity for a passive investor looking for a corporate guaranteed asset in the state of Louisiana. The asset is being sold as part of a portfolio of Family Dollar stores or can be purchased separately.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,056 SF
Building Class
B
Year Built
1995
Price
$449,000
Price Per SF
$63.63
Cap Rate
8.01%
NOI
$35,944
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
28 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 31-00106500 | Improvements Assessment | $22,430 |
| Land Assessment | $1,580 | Total Assessment | $24,010 |
Property Taxes
Parcel Number
31-00106500
Land Assessment
$1,580
Improvements Assessment
$22,430
Total Assessment
$24,010
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Family Dollar | 3000 Highway 10
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