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10 Year Net Lease Family Dollar/Dollar Tree 5115 Highway 34 10,500 SF Retail Building Eros, LA 71238 $1,483,125 ($141.25/SF) 8% Cap Rate

INVESTMENT HIGHLIGHTS
- New 10 Year Net Leased Family Dollar
- Minimal Landlord Obligations - Roof, Structure & Parking Lot
- New Construction
- Brand New Hybrid Store Concept
- Corporate Guarantee
EXECUTIVE SUMMARY
This is an opportunity to purchase a new 10-year net-leased Family Dollar in Eros,
Louisiana. The lease calls for minimal landlord obligations. This building features
the latest dual-branded format, offering both Family Dollar and Dollar Tree
merchandise. The lease includes six 5-year renewal options with $0.50/SF rent
increases in each option period. The asset benefits from excellent visibility along
State Highway 34.
Louisiana. The lease calls for minimal landlord obligations. This building features
the latest dual-branded format, offering both Family Dollar and Dollar Tree
merchandise. The lease includes six 5-year renewal options with $0.50/SF rent
increases in each option period. The asset benefits from excellent visibility along
State Highway 34.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
Year Built
2024
Price
$1,483,125
Price Per SF
$141.25
Cap Rate
8%
NOI
$118,650
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.50 AC
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 127019 | Improvements Assessment | $146,355 |
| Land Assessment | $1,155 | Total Assessment | $147,510 |
PROPERTY TAXES
Parcel Number
127019
Land Assessment
$1,155
Improvements Assessment
$146,355
Total Assessment
$147,510
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10 Year Net Lease Family Dollar/Dollar Tree | 5115 Highway 34
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