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Family Dollar 310 W Main St 8,000 SF Retail Building Oak Grove, LA 71263 $1,070,883 ($133.86/SF) 8.50% Cap Rate

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EXECUTIVE SUMMARY

• Attractive 8.5% cap rate for a stabilized deal
• 2011 build-to-suit construction for Family Dollar
• Family Dollar recently extended their lease, proving their commitment to the location and market
• Family Dollar has successfully operated at this location for +15 years
• Five, 5-year renewal options remaining; all of which include 10% rent increases
• Traffic counts exceed 16,200 vehicles daily at the intersection of Main St & Constitution Ave
• Corporate guaranteed lease from Family Dollar

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $91,025 $11.38

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $91,025
Annual Per SF $11.38

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2011
Price
$1,070,883
Price Per SF
$133.86
Cap Rate
8.50%
NOI
$91,025
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.42 AC
Zoning
C-2 - General Commercial Zone
Frontage
100’ on Main St

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
400456600
Land Assessment
$19,200 (2024)
Improvements Assessment
$60,000 (2024)
Total Assessment
$79,200 (2024)
  • Listing ID: 35926446

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 310 W Main St, Oak Grove, LA 71263

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