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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
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
• 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
- Offering Memorandum
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
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 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 End | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 400456600 | Improvements Assessment | $60,000 |
| Land Assessment | $19,200 | Total Assessment | $79,200 |
Property Taxes
Parcel Number
400456600
Land Assessment
$19,200
Improvements Assessment
$60,000
Total Assessment
$79,200
1 of 5
Videos
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Photos
Street View
Street
Map
Presented by
The Syndicate, LLC
Family Dollar | 310 W Main St
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