Family Dollar Tree | 503 Saint Clair Rd
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Family Dollar Tree 503 Saint Clair Rd
10,500 SF 100% Leased Retail Building Boyce, LA 71409 £1,191,881 (£114/SF) 8% Net Initial Yield
Investment Highlights
- 2023 build to suit for Family Dollar Tree
- Corporately guaranteed lease
- Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
- ±9.25 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
- The subject property comes with a 20-year roof warranty
Executive Summary
BROKER OF RECORD
DONNIE JARREAU
LIC # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
DONNIE JARREAU
LIC # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Year Built
2023
Price
£1,191,881
Price Per SF
£114
Net Initial Yield
8%
NOI
£95,350
Percent Leased
100%
Number of Floors
1
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Family Dollar Tree | 503 Saint Clair Rd
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