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9447 US 80
Simsboro, LA 71275
Family Dollar · Retail Property For Sale


Investment Highlights
- Passive Lease Structure
- Corporate Lease
- Limited Competition
- Scheduled Rent Increases
- Strategic Retail Location
- Recession & E-Commerce Resistant Tenant
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Family Dollar investment property located at 9447 US Highway 80 in Simsboro, Louisiana (the “Property”). Family Dollar has been at this location since it was constructed in 2018 and has 3+ years remaining on their lease with six (6), 5-year renewal options. The lease features attractive rent increases at the start of each renewal option. The Property is strategically positioned along U.S. Highway 80, the dominant commercial and commuter corridor serving Simsboro, providing excellent visibility and direct accessibility. Family Dollar functions as a primary retail anchor within the community and benefits from its location directly across from Simsboro High School, generating consistent daily traffic. The site offers immediate connectivity to LA Routes 507 and 563, both of which provide efficient access to Interstate 20 and the broader regional highway network. Centrally located within town, the Property draws from surrounding residential neighborhoods, local businesses, and nearby Grambling State University, supporting a stable customer base. Simsboro is approximately 10 miles west of Ruston, a larger retail and employment hub offering expanded shopping, dining, healthcare services at Northern Louisiana Medical Center, and additional educational institutions. The Property is also positioned roughly 60 miles from Shreveport, reinforcing its access to northern Louisiana’s primary economic markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2018
Price
$1,205,136 CAD
Price Per SF
$144.85 CAD
Cap Rate
8%
NOI
$96,411 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.94 AC
Zoning
C
Frontage
199’ on U.S. 80
Property Taxes
| Parcel Number | 37310 | Improvements Assessment | $114,993 CAD |
| Land Assessment | $14,102 CAD | Total Assessment | $129,095 CAD |
Property Taxes
Parcel Number
37310
Land Assessment
$14,102 CAD
Improvements Assessment
$114,993 CAD
Total Assessment
$129,095 CAD
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