Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Family Dollar 305 W Highway 90 8,000 SF Retail Building Iowa, LA 70647 $731,462 CAD ($91.43 CAD/SF) 9.01% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Tenant Has Operated at this Location for Over 24 Years - Built to Suit in 2001
  • Minimal Competition - Only One Dollar General in Town
  • Renovated in 2013 and Many Updates to the Property Since 2021 - HVAC, Parking Lot, Exterior Lighting, Power Wash
  • Tenant Reports Store Sales - Contact Agent for Details

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
2001/2013
Price
$731,462 CAD
Price Per SF
$91.43 CAD
Cap Rate
9.01%
NOI
$65,873 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.70 AC
Zoning
Commercial
Frontage
56’ on W Highway 90

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $7.48 CAD
  • Double Net
  • Jan 2029

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $7.48 CAD Double Net Jan 2029

NEARBY MAJOR RETAILERS

Anytime Fitness
Capital One
Market Basket (South)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01350461
Land Assessment
$4,311 CAD
Improvements Assessment
$40,052 CAD
Total Assessment
$44,363 CAD
  • Listing ID: 35447040

  • Date on Market: 2025-04-10

  • Last Updated:

  • Address: 305 W Highway 90, Iowa, LA 70647

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}