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Family Dollar 3845 Elm St 10,531 SF Retail Building Choudrant, LA 71227 $1,686,563 ($160.15/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand new 2024 construction for Family Dollar
- Tenant is responsible for HVAC, CAM, taxes, and insurance
- Average household income of $73,996 annually
- 8.75 years remaining corporate lease with minimal landlord responsibilities
- 5-Mile population of 85,772 residents
- Traffic counts on I-20 exceed ±40,700 vehicles daily
EXECUTIVE SUMMARY
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
PROPERTY TAXES
| Parcel Number | 18821 | Improvements Assessment | $68,158 |
| Land Assessment | $4,833 | Total Assessment | $72,991 |
PROPERTY TAXES
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Family Dollar | 3845 Elm St
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