Discount
Family Dollar
305 US-90, Iowa, LA 70647
Listing Price: $524,000
Cap Rate
9.00%
Tenant Name
Family dollar
Years Remaining On Lease
4.0
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$65.50
Lease Type
Double Net
Rent Per Square Feet
$5.90
Investment Overview
Marcus & Millichap is pleased to present this Family Dollar in Iowa, Louisiana. The tenant recently renewed the double net lease for another five years.
Family Dollar
Investment Highlights
- Tenant Has Operated at this Location for Over 24 Years - Built to Suit in 2001
- Renovated in 2013 and Many Updates to the Property Since 2021 - HVAC, Parking Lot, Exterior Lighting, Power Wash
- Minimal Competition - Only One Dollar General in Town
- Tenant Reports Store Sales - Contact Agent for Details
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $524,000
Cap Rate
9.00%
Tenant Name
Family dollar
Years Remaining On Lease
4.0
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$65.50
Lease Type
Double Net
Rent Per Square Feet
$5.90
Investment Highlights
- Tenant Has Operated at this Location for Over 24 Years - Built to Suit in 2001
- Renovated in 2013 and Many Updates to the Property Since 2021 - HVAC, Parking Lot, Exterior Lighting, Power Wash
- Minimal Competition - Only One Dollar General in Town
- Tenant Reports Store Sales - Contact Agent for Details
Investment Overview
Marcus & Millichap is pleased to present this Family Dollar in Iowa, Louisiana. The tenant recently renewed the double net lease for another five years.
Exclusively Listed By
Broker of Record
Financing By
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