KW Net Lease Advisors is pleased to offer for sale a Net Leased, Single Tenant, Corporately Guaranteed Family Dollar just outside of Lafayette, Louisiana in the town of Carencro. Family Dollar signed a 10-Year Lease in 2014 and has over 7 years remaining on the primary term. The lease also contains 6 (5) Year Options that each feature 10% Rental Increases, the next coming in 2024. The subject property is ideally located at the intersection of 2 HWYs (93 & 98) with a combined daily traffic count over 15,000. The site also benefits from being centrally located near the entrance of a new residential development in a growing area just outside of Lafayette (10 miles). The building was constructed in 2013 and embraces the new prototype model that Family Dollar is currently building.
| Parcel Number | 6088685 | Improvements Assessment | $69,300 |
| Land Assessment | $13,133 | Total Assessment | $82,433 |
Building Photo
Building Photo
Building Photo
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