Family Dollar Net Lease 5115 Highway 34 10,500 SF Retail Building Eros, LA 71238 $1,318,333 ($125.56/SF) 9% Cap Rate

This is a prime investment opportunity to acquire a Family Dollar property located in Eros, Louisiana, secured by a corporate guarantee from Family Dollar Stores, Inc., which holds a BBB investment-grade S&P rating. The 8,320-square-foot facility, constructed in 2017, features a modern design with a brick veneer façade and a standing seam metal roof, representing the newest retail construction in the area. This property offers a passive income stream backed by a strong national tenant, making it an attractive option for investors seeking reliable cash flow in a market with high barriers to new development. Additionally, the lease agreement includes six 5-year renewal options with rent increases of $0.50/SF at each renewal.
The property is situated with direct frontage along Louisiana Highway 34, providing excellent visibility and access. Family Dollar serves as the exclusive discount retailer for the immediate municipality, benefiting from a lack of competition within a six-mile radius. Its strategic location along the primary north-south route between Jackson Parish and West Monroe ensures it functions as a critical retail anchor for the community.