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Family Dollar 9447 US 80 8,320 SF Retail Building Simsboro, LA 71275 $881,250 ($105.92/SF) 8% Cap Rate

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Investment Highlights

  • Passive Lease Structure
  • Corporate Lease
  • Limited Competition
  • Scheduled Rent Increases
  • Strategic Retail Location
  • Recession & E-Commerce Resistant Tenant

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Family Dollar investment property located at 9447 US Highway 80 in Simsboro, Louisiana (the “Property”). Family Dollar has been at this location since it was constructed in 2018 and has 3+ years remaining on their lease with six (6), 5-year renewal options. The lease features attractive rent increases at the start of each renewal option. The Property is strategically positioned along U.S. Highway 80, the dominant commercial and commuter corridor serving Simsboro, providing excellent visibility and direct accessibility. Family Dollar functions as a primary retail anchor within the community and benefits from its location directly across from Simsboro High School, generating consistent daily traffic. The site offers immediate connectivity to LA Routes 507 and 563, both of which provide efficient access to Interstate 20 and the broader regional highway network. Centrally located within town, the Property draws from surrounding residential neighborhoods, local businesses, and nearby Grambling State University, supporting a stable customer base. Simsboro is approximately 10 miles west of Ruston, a larger retail and employment hub offering expanded shopping, dining, healthcare services at Northern Louisiana Medical Center, and additional educational institutions. The Property is also positioned roughly 60 miles from Shreveport, reinforcing its access to northern Louisiana’s primary economic markets.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2018
Price
$881,250
Price Per SF
$105.92
Cap Rate
8%
NOI
$70,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.94 AC
Zoning
C
Frontage
199’ on U.S. 80

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $8.47
  • Double Net
  • Mar 2029

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $8.47 Double Net Mar 2029

Property Taxes

Property Taxes

Parcel Number
37310
Land Assessment
$10,312
Improvements Assessment
$84,088
Total Assessment
$94,400
  • Listing ID: 39656496

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 9447 US 80, Simsboro, LA 71275

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