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Family Dollar 305 W Highway 90 8,000 SF Retail Building Iowa, LA 70647 $524,000 ($65.50/SF) 9.01% Cap Rate



Investment Highlights
- Tenant Has Operated at this Location for Over 24 Years - Built to Suit in 2001
- Minimal Competition - Only One Dollar General in Town
- Renovated in 2013 and Many Updates to the Property Since 2021 - HVAC, Parking Lot, Exterior Lighting, Power Wash
- Tenant Reports Store Sales - Contact Agent for Details
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $5.36
- Double Net
- Jan 2029
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | $5.36 | Double Net | Jan 2029 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 01350461 | Improvements Assessment | $28,520 |
| Land Assessment | $3,070 | Total Assessment | $31,590 |
Property Taxes
Presented by
Family Dollar | 305 W Highway 90
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