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28534 Highway 23
Port Sulphur, LA 70083

Family Dollar · Retail Property For Sale

Investment Highlights

  • Bite sized deal priced at an extremely attractive 9% cap rate
  • Corporately guaranteed lease
  • Long operating history – Family Dollar has successfully operated at this location since 2006
  • Excellent visibility and access off Highway 23, which leads to downtown New Orleans
  • Five, 5-Year renewal periods remaining all of which include attractive 10% rental increases

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,489 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.71 AC
Zoning
C-2

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1203850
Land Assessment
$3,676
Improvements Assessment
$67,401
Total Assessment
$71,077
  • Listing ID: 28386449

  • Date on Market: 5/3/2023

  • Last Updated:

  • Address: 28534 Highway 23, Port Sulphur, LA 70083

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