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Family Dollar 3845 Elm St 10,531 SF Retail Building Choudrant, LA 71227 $2,235,747 CAD ($212.30 CAD/SF) 8.25% Cap Rate
Investment Highlights
- Brand new 2024 construction for Family Dollar
- Tenant is responsible for HVAC, CAM, taxes, and insurance
- Average household income of $73,996 annually
- 8.25 years remaining 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
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Subway began in 1965 when 17-year-old Fred DeLuca opened Pete's Super Submarines in Bridgeport, Connecticut with financing help from Peter Buck. The company pioneered the fast-casual restaurant model focused on customizable submarine sandwiches. After expanding through franchising since 1974, it now maintains dual headquarters in Connecticut and Florida while operating thousands of locations worldwide. The menu features made-to-order subs, wraps, salads and baked goods with fresh ingredients. Though now a global brand, its Connecticut roots remain central to the company's identity.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Property Taxes
| Parcel Number | 18821 | Improvements Assessment | $92,775 CAD |
| Land Assessment | $6,579 CAD | Total Assessment | $99,353 CAD |
Property Taxes
Presented by
Family Dollar | 3845 Elm St
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