707 Highwy 8
Harrisonburg, LA 71340

The subject property is a brand new Family Dollar store located in Harrisonburg, LA. Harrisonburg is located just northeast of Alexandria. Construction is expected to be completed in September, 2018. The store is located on a .98+/- acre lot at the intersection of LA Hwy 8 and LA Hwy 124. Family Dollar is signed to a brand new 10-year lease that is expected to commence around October 1st, 2018. The lease features scheduled rental increases every 5 years, beginning in year 11. The lease is double net (NN), with minimal landlord responsibilities. Tenant is responsible for expenses for CAM, Taxes, Insurance and HVAC. Family Dollar is one of the fastest growing retailers in the country. Finding good locations and contractors to build and maintain our stores is essential to our successful growth strategy. We have over 8,000 stores within our 46 state operating area. On July 28, 2014, Dollar Tree announced that it would purchase Family Dollar for $8.5 billion. On January 22, 2015, Family Dollar shareholders approved the Dollar Tree bid. Dollar Tree, a Fortune 200 Company, operated 14,835 stores across 48 states and five Canadian provinces as of February 3, 2018. Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada.