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Family Dollar 503 Saint Clair Rd 10,500 SF 100% Leased Retail Building Boyce, LA 71409 $1,399,588 ($133.29/SF) 8.50% Cap Rate

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Investment Highlights

  • 2023 build to suit for Family Dollar Tree
  • Corporately guaranteed lease
  • The subject property comes with a 20-year roof warranty
  • ±8.5 years remaining on an initial 10-year lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options

Executive Summary

BROKER OF RECORD
DONNIE JARREAU
LIC # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
3% buyer side fee

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Year Built
2023
Price
$1,399,588
Price Per SF
$133.29
Cap Rate
8.50%
NOI
$118,965
Percent Leased
100%
Building Height
1 Story
  • Listing ID: 34414613

  • Date on Market: 1/8/2025

  • Last Updated:

  • Address: 503 Saint Clair Rd, Boyce, LA 71409

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