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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

PROPERTY TAXES

Parcel Number
31-00106500
Land Assessment
£1,236
Improvements Assessment
£17,550
Total Assessment
£18,787
  • Listing ID: 25952796

  • Date on Market: 16/06/2022

  • Last Updated:

  • Address: 3000 Highway 10, Jackson, LA 70748

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