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10 Year Net Leased Family Dollar/Dollar Tree 612 Main st 10,500 SF 4-Star Retail Building Hackberry, LA 70645 $1,410,938 ($134.38/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
Hackberry, 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
Main Street and is located near southwest Louisiana's largest metro area, Lake
Charles.
Hackberry, 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
Main Street and is located near southwest Louisiana's largest metro area, Lake
Charles.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$1,410,938
Price Per SF
$134.38
Cap Rate
8%
NOI
$112,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.40 AC
Parking
10 Spaces (0.95 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0600027200 | Improvements Assessment | $0 |
| Land Assessment | $1,980 | Total Assessment | $1,980 |
PROPERTY TAXES
Parcel Number
0600027200
Land Assessment
$1,980
Improvements Assessment
$0
Total Assessment
$1,980
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10 Year Net Leased Family Dollar/Dollar Tree | 612 Main st
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