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Family Dollar 139 Maple St 10,500 SF Retail Building Wisner, LA 71378 $1,323,332 CAD ($126.03 CAD/SF) 8.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Newly expanded and remodeled store to become a new Family Dollar Tree combination store
- Low rental rate of just $7.90 per square foot assures store profitability and longevity
- Brand new, 10-year lease expires July 31, 2033
- Corporate has confirmed this newly remodeled store is NOT on the recently announced store closure list
EXECUTIVE SUMMARY
New completed building expansion and major renovation to become a new Family Dollar Tree combination store. There is a new 10-year lease in place which expires July 31, 2033 with five, 5-year options at 10% rental increases each.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
Year Built
2012
Price
$1,323,332 CAD
Price Per SF
$126.03 CAD
Cap Rate
8.75%
NOI
$115,792 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.07 AC
Zoning
commercial
PROPERTY TAXES
| Parcel Number | 0110034200 | Improvements Assessment | $108,582 CAD |
| Land Assessment | $7,050 CAD | Total Assessment | $115,632 CAD |
PROPERTY TAXES
Parcel Number
0110034200
Land Assessment
$7,050 CAD
Improvements Assessment
$108,582 CAD
Total Assessment
$115,632 CAD
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Family Dollar | 139 Maple St
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