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Family Dollar 310 W Main St 8,000 SF Retail Building Oak Grove, LA 71263 $1,455,555 CAD ($181.94 CAD/SF) 8.50% Cap Rate

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EXECUTIVE SUMMARY

• Attractive 8.5% cap rate for a stabilized deal
• 2011 build-to-suit construction for Family Dollar
• Family Dollar recently extended their lease, proving their commitment to the location and market
• Family Dollar has successfully operated at this location for +15 years
• Five, 5-year renewal options remaining; all of which include 10% rent increases
• Traffic counts exceed 16,200 vehicles daily at the intersection of Main St & Constitution Ave
• Corporate guaranteed lease from Family Dollar

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $123,722 $15.47

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $123,722
Annual Per SF $15.47

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2011
Price
$1,455,555 CAD
Price Per SF
$181.94 CAD
Cap Rate
8.50%
NOI
$123,722 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.42 AC
Zoning
C-2 - General Commercial Zone
Frontage
100’ on Main St

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
400456600
Land Assessment
$26,307 CAD (2024)
Improvements Assessment
$82,211 CAD (2024)
Total Assessment
$108,518 CAD (2024)
  • Listing ID: 35926446

  • Date on Market: 2025-05-21

  • Last Updated:

  • Address: 310 W Main St, Oak Grove, LA 71263

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