Family Dollar | 3000 Highway 10
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Family Dollar 3000 Highway 10
7,056 SF Retail Building Jackson, LA 70748 £351,320 (£50/SF) 8.01% Net Initial Yield
Investment Highlights
- Attractive Low Price Point and Cap Rate
- Over 8,000 Family Dollar Stores
- Strong credit tenant; E-Commerce resilient tenant
Executive Summary
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 Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,056 SF
Building Class
B
Year Built
1995
Price
£351,320
Price Per SF
£50
Net Initial Yield
8.01%
NOI
£28,124
Tenancy
Single
Number of Floors
1
Building FAR
0.34
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
28 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
Parcel Number | 31-00106500 | Improvements Assessment | £17,550 |
Land Assessment | £1,236 | Total Assessment | £18,787 |
PROPERTY TAXES
Parcel Number
31-00106500
Land Assessment
£1,236
Improvements Assessment
£17,550
Total Assessment
£18,787
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Family Dollar | 3000 Highway 10
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