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Dark Family Dollar 30030 Walker Rd N 8,476 SF Retail Building Walker, LA 70785 $1,058,190 ($124.85/SF) 10% Cap Rate
Investment Highlights
- 10% cap rate with $1,058,190 asking price based on current in-place income.
- CPI-based rent increase (capped at 6%) scheduled for November 2026.
- Absolute NNN lease — zero landlord responsibilities, set-offs, or deductions.
- Family Dollar remains obligated to pay rent for the remaining 3 years of the lease term.
- Corporate guarantee from Family Dollar Stores, Inc. ensures rent continuity.
- Clear-span box layout ideal for auto parts, medical clinics, or hardware store retrofit.
Executive Summary
Donnie Jarreau
License # BROK.32688-ACT, BROK.995704351-CORP (LA)
Jarreau Real Estate
16161 Perkins Road, Baton Rouge, LA 70810
(866) 889-0550
License # BROK.32688-ACT, BROK.995704351-CORP (LA)
Jarreau Real Estate
16161 Perkins Road, Baton Rouge, LA 70810
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,476 SF
Building Class
C
Year Built
2014
Price
$1,058,190
Price Per SF
$124.85
Cap Rate
10%
NOI
$105,819
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.28 AC
Opportunity Zone
Yes
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0479469 | Improvements Assessment | $73,900 |
| Land Assessment | $12,900 | Total Assessment | $86,800 |
Property Taxes
Parcel Number
0479469
Land Assessment
$12,900
Improvements Assessment
$73,900
Total Assessment
$86,800
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