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Family Dollar 3000 Highway 10

7,056 SF Retail Building Jackson, LA 70748 $449,000 ($64/SF) 8.01% Cap Rate

Investment Highlights

  • Attractive Low Price Point and Cap Rate
  • Over 8,000 Family Dollar Stores
  • Strong credit tenant; E-Commerce resilient tenant

Executive Summary

Excellent netleased investment opportunity to purchase the single-tenant, freestanding Family Dollar located in Jackson, Louisiana. The 7,056 SF freestanding building is situated on approximately .47 acres off of Charter St. The property is being offered at an attractive 8% cap rate and is an ideal opportunity for a passive investor looking for a corporate guaranteed asset in the state of Louisiana. The asset is being sold as part of a portfolio of Family Dollar stores or can be purchased separately.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,056 SF
Building Class
B
Year Built
1995
Price
$449,000
Price Per SF
$64
Cap Rate
8.01%
NOI
$35,944
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Land Acres
0.47 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
28 Spaces (3.97 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-00106500
Land Assessment
$1,580
Improvements Assessment
$22,430
Total Assessment
$24,010
  • Listing ID: 25952796

  • Date on Market: 6/16/2022

  • Last Updated:

  • Address: 3000 Highway 10, Jackson, LA 70748

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