Family Dollar | 139 Maple St
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Family Dollar 139 Maple St
10,500 SF Retail Building Wisner, LA 71378 £763,579 (£73/SF) 8.50% Net Initial Yield
Investment Highlights
- Newly expanded and remodeled store to become a new Family Dollar Tree combination store
- Low rental rate of just $7.90 per square foot assures store profitability and longevity
- Brand new, 10-year lease expires July 31, 2033
- Corporate has confirmed this newly remodeled store is NOT on the recently announced store closure list
Executive Summary
New completed building expansion and major renovation to become a new Family Dollar Tree combination store. There is a new 10-year lease in place which expires July 31, 2033 with five, 5-year options at 10% rental increases each.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
Year Built
2012
Price
£763,579
Price Per SF
£73
Net Initial Yield
8.50%
NOI
£64,904
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Lot Size
1.07 AC
Zoning
commercial
PROPERTY TAXES
| Parcel Number | 0110034200 | Improvements Assessment | £60,251 |
| Land Assessment | £3,912 | Total Assessment | £64,163 |
PROPERTY TAXES
Parcel Number
0110034200
Land Assessment
£3,912
Improvements Assessment
£60,251
Total Assessment
£64,163
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Family Dollar | 139 Maple St
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