Houma Retail for Sale

On Bayou Terrebonne in Downtown Houma, Multiple uses in C2 Zoning, Shell of building only, Currently Vacant, Historic Area, Would make a great Open Air Restaurant!!

Date on Market:

2023-03-08

Krotz Springs Retail for Sale

INVESTMENT OFFERING: Saurage Rotenberg is pleased to present this built to suit 10,500 SF Dollar Tree & Family Dollar Hybrid store located in Krotz Springs, LA. The property is encumbered with a ten (10) year double net lease, leaving a minimal landlord responsibilities. The lease contains four (5) year options to renew, each with $0.50 PSF rent increase. The lease is corporately guaranteed by Dollar Tree Corporation which holds a credit rating of "BBB-" which is classified as investment grade. This store is highly visible as it is strategically positioned in the heart of Krotz Springs, Louisiana, in St. Landry Parish. The store is directly situated off Hwy. 190 which sees over 13,648 cars per day. The five mile population is 2,590 with a five mile average household income in excess of $68,484. This investment will offer a new owner success due to the financial strength and the proven profitability of the tenant, one of the nation's top dollar stores. List price reflects a 7.25% cap rate based on NOI of $94,500. INVESTMENT SUMMARY: List Price: $1,303,450.00 Current NOI: $94,500.00 Initial Cap Rate: 7.25% Land Acreage: 1.47 Year Built: 2024 Building Size: 10,500 Price Per SF: $124.00 Lease Type: NN Lease Term: 10 Yr INVESTMENT HIGHLIGHTS: New Dual Tenant Concept | Brand New Lease Combo Stores See 20% Increase in Revenue 13,648 Traffic Count of Hwy. 190 10 Yr NN Lease Requiring Minimal Landlord Responsibilities Four- (5 Yr) Options | $0.50 Rental Rate Increase Investment Credit Tenant | Standard & Poor's: 'BBB-' Five Mile Average Household Income of $68,484 Anticipated turnover is April 2024 FINANCIAL INCOME SUMMARY: Rent: $94,500.00 (PSF: $9) Gross Income: $94,500.00 (PSF: $9) LEASE SUMMARY: Tenant: Dollar Tree/Family Dollar Lease Type: NN Primary Lease Term: 10 Yr Annual Rent: $94,500.00 Rent PSF: $9.00 Roof, Structure & Parking: Landlord Responsibility Taxes, Insurance & CAM: Tenant Responsibility Lease Start Date: 4/1/2024 Lease End Date: 3/31/2034 Lease Term Remaining: 10 yr Rent Bumps: In Options ($0.50 P/Ft) Renewal Options: 4- (5 Years) Lease Guarantor: Dollar Tree Corp Lease Guarantor Strength: BBB- Tenant Website: DollarTree.com TENANT HIGHLIGHTS: $22.5+ Billion Market Capital in 2020 Same Store Sales Increases 4.4% in 2019 Ranked #134 on Fortune 500 in 2020 Recently Opened its 15,200th store in the USA Boasts a staggering TTM revenue exceeding $24 billion DOLLAR TREE Dollar Tree, Inc. operates discount retail stores in the United States and Canada. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise. This segment operates under the Dollar Tree, Dollar Tree Canada, Deals, and Dollar Tree Deals brands, as well as 10 distribution centers in the United States and 2 in Canada, and a store support center in Chesapeake, Virginia. A Fortune 500 Company, Dollar Tree is headquartered in Chesapeake, Virginia and was founded in 1953. The name of the company Only $1.00 was changed to Dollar Tree Stores in 1993 and, shortly thereafter, in 1995, the company went public with a market value of $225 million. Today, Dollar Tree is a $20+ billion dollar company and a premier operator in its industry. Company: Dollar Tree Founded: 1986 Total Revenue: 22.25B Net Income: 1.714B Headquarters: Chesapeake, Virginia Website: www.DollarTree.com DTFD: Gross Sales: $22.25B DTRD: Store Count: 15,000+ DTFD: Guarantor: Dollar Tree DTFD: S&P BBB-

Property Subtype:

Freestanding

Date on Market:

2024-04-01

Shreveport Portfolio of properties for Sale - CBD

KW Commercial is pleased to offer for sale 315B & 403 Lake Street, a mixed-use opportunity located in Downtown Shreveport. Comprised of 8,200 SF and two municipal addresses, 403 Lake Street is an owner occupied, mixed-use retail/office building. With a 4,200 SF footprint, 403 Lake Street is currently operating as an internationally known tattoo artist school and training facility. 407 Lake Street, the remaining 4,000 SF of the total building square footage, was previously used as a dormitory and office for the school, which is now primarily used for storage. 315B Lake Street is a 6,700 SF warehouse containing two restrooms and mezzanine storage, which is not included the square footage calculation. The warehouse has a man door entry and an enclosed lean-to garage on the west side of the building. The rollup door access is on the east side of the building, which is accessed from an alley. The owner requires a lease-back of this building for a minimum term of two years after the sale, with an option to extend, if needed. Please inquire about other lease-back terms. Most of the Downtown Shreveport sales over the past 24 months have primarily consisted of long-since vacant buildings that have fallen into disrepair while not in operation. Due to continuous use and operation since the school opened for business, 403-407 Lake Street provides an investor a downtown redevelopment opportunity without the additional cost and expense associated with a non-operational building. In addition to heavy plumbing infrastructure throughout 403 & 407 Lake Street, which provides multiple redevelopment options/use-types, this investment also provides ample parking across the four parcels that comprise the sale offering, further expanding potential redevelopment options/use-types. Please inquire for more information, or to schedule a tour. Interior pictures available upon request...

Date on Market:

2022-10-13

Hineston Retail for Sale

INVESTMENT OFFERING: Saurage Rotenberg is pleased to present this built to suit 10,500 SF Dollar Tree & Family Dollar Hybrid store located in Hineston, LA. The property is encumbered with a ten (10) year double net lease, leaving a minimal landlord responsibilities. The lease contains five (5) year options to renew, each with $0.50 PSF rent increase. The lease is corporately guaranteed by Dollar Tree Corporation which holds a credit rating of "BBB-" which is classified as investment grade. This store is highly visible as it is strategically positioned in the heart of Hineston. The store is directly situated off Hwy. 121 which sees over 2,557 cars per day. The five mile population is 2,649 with a five mile average household income in excess of $70,596. This investment will offer a new owner success due to the financial strenth and the proven profitability of the tenant, one of the nation's top dollar stores. List price reflects a 7.25% cap rate based on NOI of $105,000. INVESTMENT SUMMARY: List Price: $1,450,000.00 Current NOI: $105,000.00 Initial Cap Rate: 7.25% Land Acreage: 1.70 Year Built: 2024 Building Size: 10,500 Price Per SF: $138.00 Lease Type: NN Lease Term: 10 Yr INVESTMENT HIGHLIGHTS: New Dual Tenant Concept | Brand New Lease Combo Stores See 20% Increase in Revenue 2,557 Traffic Count of Hwy. 121 10 Yr NN Lease Requiring Minimal Landlord Responsibilities Five- (5 Yr) Options | $0.50 Rental Rate Increase Investment Credit Tenant | Standard & Poor's: 'BBB-' Three Mile Average Household Income of $68,484 FINANCIAL INCOME SUMMARY: Rent: $105,000.00 (PSF: $10) Gross Income: $105,000.00 (PSF: $10) LEASE SUMMARY: Tenant: Dollar Tree/Family Dollar Lease Type: NN Primary Lease Term: 10 Yr Annual Rent: $105,000.00 Rent PSF: $10.00 Roof, Structure & Parking: Landlord Responsibility Taxes, Insurance & CAM: Tenant Responsibility Lease Start Date: 6/1/2024 Lease End Date: 5/31/2034 Lease Term Remaining: 10 yr Rent Bumps: In Options ($0.50 P/Ft) Renewal Options: 5- (5 Years) Lease Guarantor: Dollar Tree Corp Lease Guarantor Strength: BBB- Tenant Website: DollarTree.com TENANT HIGHLIGHTS: $22.5+ Billion Market Capital in 2020 Same Store Sales Increases 4.4% in 2019 Ranked #134 on Fortune 500 in 2020 Recently Opened its 15,200th store in the USA Boasts a staggering TTM revenue exceeding $24 billion DOLLAR TREE Dollar Tree, Inc. operates discount retail stores in the United States and Canada. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise. This segment operates under the Dollar Tree, Dollar Tree Canada, Deals, and Dollar Tree Deals brands, as well as 10 distribution centers in the United States and 2 in Canada, and a store support center in Chesapeake, Virginia. A Fortune 500 Company, Dollar Tree is headquartered in Chesapeake, Virginia and was founded in 1953. The name of the company Only $1.00 was changed to Dollar Tree Stores in 1993 and, shortly thereafter, in 1995, the company went public with a market value of $225 million. Today, Dollar Tree is a $20+ billion dollar company and a premier operator in its industry. Company: Dollar Tree Founded: 1986 Total Revenue: 22.25B Net Income: 1.714B Headquarters: Chesapeake, Virginia Website: www.DollarTree.com DTFD: Gross Sales: $22.25B DTRD: Store Count: 15,000+ DTFD: Guarantor: Dollar Tree DTFD: S&P BBB-

Property Subtype:

Department Store

Date on Market:

2024-06-01

Jackson Retail for Sale - East Feliciana Parish

Excellent netleased investment opportunity to purchase the single-tenant, freestanding Family Dollar located in Jackson, Louisiana. The 7,056 SF freestanding building is situated on approximately .47 acres off of Charter St. The property is being offered at an attractive 8% cap rate and is an ideal opportunity for a passive investor looking for a corporate guaranteed asset in the state of Louisiana. The asset is being sold as part of a portfolio of Family Dollar stores or can be purchased separately.

Property Subtype:

Freestanding

Date on Market:

2022-06-16

Labadieville Retail for Sale - Assumption Parish

Excellent location near LA 1 close to Thibodeaux, LA. This building has a 16' eave height, has 4-5 ton HVAC units. The building is 3 phase electrical. It can be used for almost anything. New parking lot.

Property Subtype:

Freestanding

Date on Market:

2022-02-18

Monterey Retail for Sale

Now vacant and priced to sell!! The former Monterey Market recently received a +/- 400 SF addition with a hood vent, walk-in cooler and drive thru window. The entire building is +/- 6,500 SF and situated on 1.03 acres. It features multiple coolers and freezers for produce and frozen foods. There's an additional walk-in cooler that was used to display beer. All FF&E can remain in the event of a sale. There's also a generator onsite that can power the entire building in the case of an electricity outage.

Date on Market:

2020-03-09

Portfolio of properties for Sale

Portfolio of 2 Family Dollars or can be purchased separately.

Date on Market:

2018-09-28

Chauvin Retail for Sale

The subject property is a net-leased corporate guaranteed Family Dollar located in Chauvin, Louisiana. Family Dollar has been at this location since the 8,100 SF building was built in 1997. The building is situated on approximately +/-.95 acres next to USPS, Capital One Bank, and Coastal Commerce Bank. Family Dollar has +/- 2 years remaining on the lease, the lease auto-renewed in December of 2018. The tenant has 2 x 5-year renewal options remaining with 5% rent increases per option. The property is double-net with the landlord responsible for the roof, structure, CAM, exterior, and electrical/plumbing. The landlord is responsible for major repairs/replacement and HVAC repairs greater than $500. The Tenant reimburses for the tax and insurance over the base year. Based on provided expenses, the Landlord spent $1760 on CAM, $0 on Maintenance. The property is being offered at a 7.5% cap rate and is an ideal opportunity for a passive investor looking for a credit rated corporate-backed asset in the state of Louisiana. The asset is being sold as part of a portfolio of Family Dollar stores or can be purchased separately.

Property Subtype:

Freestanding

Date on Market:

2018-09-27

Baton Rouge Retail for Sale - Greater Baton Rouge N

Property Subtype:

Freestanding

Date on Market:

2021-09-17

Pierre Part Retail for Sale - Assumption Parish

Property Subtype:

Freestanding

Date on Market:

2025-09-25