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10 Year Net Lease Family Dollar/Dollar Tree 5115 Highway 34 10,500 SF Retail Building Eros, LA 71238 $2,070,324 CAD ($197.17 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- New 10 Year Net Leased Family Dollar
- Minimal Landlord Obligations - Roof, Structure & Parking Lot
- New Construction
- Brand New Hybrid Store Concept
- Corporate Guarantee
EXECUTIVE SUMMARY
This is an opportunity to purchase a new 10-year net-leased Family Dollar in Eros,
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
State Highway 34.
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
State Highway 34.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
Year Built
2024
Price
$2,070,324 CAD
Price Per SF
$197.17 CAD
Cap Rate
8%
NOI
$165,626 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.50 AC
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 127019 | Improvements Assessment | $205,447 CAD |
| Land Assessment | $1,621 CAD | Total Assessment | $207,069 CAD |
PROPERTY TAXES
Parcel Number
127019
Land Assessment
$1,621 CAD
Improvements Assessment
$205,447 CAD
Total Assessment
$207,069 CAD
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10 Year Net Lease Family Dollar/Dollar Tree | 5115 Highway 34
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