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Family Dollar

305 US-90, Iowa, LA 70647

Listing Price: $590,000

Cap Rate
8.00%
Tenant Name
Family dollar
Years Remaining On Lease
4.7
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$73.75
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.

Investment Highlights

  • Tenant Has Operated at this Location for Over 23 Years
  • 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

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

Discount

Family Dollar

Listing Price: $590,000

Cap Rate
8.00%
Tenant Name
Family dollar
Years Remaining On Lease
4.7
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$73.75
Lease Type
Double Net
Rent Per Square Feet
$5.90

Investment Highlights

  • Tenant Has Operated at this Location for Over 23 Years
  • 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

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

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

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