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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.

Attachments

3000 Highway 10 Jackson LA Offering Memorandum

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
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
28 Spaces (3.97 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

Links

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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
(850) 977-6991

Contact

  • Listing ID: 25952796

  • Date on Market: 16/06/2022

  • Last Updated:

  • Address: 3000 Highway 10, Jackson, LA 70748

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© 2024 CoStar Group

Family Dollar | 3000 Highway 10
(850) 977-6991 x

Family Dollar | 3000 Highway 10

Harry Bell

(850) 977-6991

(850) 977-6991

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