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Family Dollar 503 Saint Clair Rd 10,500 SF 100% Leased Retail Building Boyce, LA 71409 $1,913,559 CAD ($182.24 CAD/SF) 8.50% Cap Rate



Investment Highlights
- 2023 build to suit for Family Dollar Tree
- Corporately guaranteed lease
- The subject property comes with a 20-year roof warranty
- ±8.5 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
Executive Summary
BROKER OF RECORD
DONNIE JARREAU
LIC # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
3% buyer side fee
DONNIE JARREAU
LIC # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
3% buyer side fee
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Year Built
2023
Price
$1,913,559 CAD
Price Per SF
$182.24 CAD
Cap Rate
8.50%
NOI
$162,653 CAD
Percent Leased
100%
Building Height
1 Story
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Family Dollar | 503 Saint Clair Rd
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