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Family Dollar/Dollar Tree 377 Main St 10,500 SF 4-Star Retail Building Marion, LA 71260 $1,973,221 CAD ($187.93 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- New 10 Year Net Leased Family Dollar
- Minimal Landlord Obligations
- New Construction
- Brand New Hybrid Store Concept
- Corporate Guarantee
- Well Located along Main Street
EXECUTIVE SUMMARY
This is an opportunity to purchase a new 10-year net-leased Family Dollar in
Marion, Louisiana. The lease calls for minimal landlord obligations. This building
features the latest dual-branded format, offering both Family Dollar and Dollar Tree
merchandise. The lease includes six 5-year renewal options with $0.50/SF rent
increases in each option period. The asset benefits from excellent visibility along
Main Street.
Marion, Louisiana. The lease calls for minimal landlord obligations. This building
features the latest dual-branded format, offering both Family Dollar and Dollar Tree
merchandise. The lease includes six 5-year renewal options with $0.50/SF rent
increases in each option period. The asset benefits from excellent visibility along
Main Street.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$1,973,221 CAD
Price Per SF
$187.93 CAD
Cap Rate
8%
NOI
$157,858 CAD
Tenancy
Single
Building Height
1 Story
AMENITIES
- Signage
1 of 2
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Family Dollar/Dollar Tree | 377 Main St
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