FAMILY DOLLAR TREE | 3845 Elm St
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FAMILY DOLLAR TREE 3845 Elm St
1,389 SF Retail Building Choudrant, LA 71227 $1,718,789 ($1,237/SF) 7.85% Cap Rate
Investment Highlights
- Brand new 2024 construction for Family Dollar Tree
- Tenant is responsible for HVAC, CAM, taxes, and insurance
- Average household income of $73,996 annually
- 10-year corporate lease with minimal landlord responsibilities
- 5-Mile population of 85,772 residents
- Traffic counts on I-20 exceed ±40,700 vehicles daily
Executive Summary
Broker of Record
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,389 SF
Building Class
C
Year Built
2024
Price
$1,718,789
Price Per SF
$1,237
Cap Rate
7.85%
NOI
$134,925
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
4.24 AC
PROPERTY TAXES
Parcel Number | 18821 | Improvements Assessment | $59,883 |
Land Assessment | $2,000 | Total Assessment | $61,883 |
PROPERTY TAXES
Parcel Number
18821
Land Assessment
$2,000
Improvements Assessment
$59,883
Total Assessment
$61,883
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FAMILY DOLLAR TREE | 3845 Elm St
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