Discount
Auction - Family Dollar - Lutcher, LA
1991 W Main St, Lutcher, LA 70071
Starting Bid: $300,000
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3212
Marcus & Millichap, is pleased to present 1991 W Main St, Lutcher, Louisiana 70071, a freestanding single tenant retail asset net leased to Family Dollar, a wholly owned subsidiary of Dollar Tree, Inc. The property offers fee simple ownership of a necessity-based retail building occupied by a Fortune 500-backed tenant with a national footprint spanning thousands of locations. The single tenant structure delivers a passive ownership profile with minimal landlord responsibilities and predictable cash flow supported by essential goods demand. Situated along West Main Street — the primary commercial corridor serving Lutcher — the asset benefits from strong daily traffic visibility and convenient regional access via Interstate 10 and Highway 3127, connecting to the Baton Rouge and New Orleans markets. The surrounding trade area is anchored by Mississippi River industrial operations including petrochemical, refining, and logistics employers that sustain consistent household income and essential retail spending. Limited competing retail supply within the immediate area reinforces the tenant's necessity and the location's long-term relevance to the community it serves.
Investment Highlights
- Auction - June 22-24 | Starting Bid: $300,000
- Absolute Net Lease With Five Years Remaining
- Signalized Hard Corner Location on West Main Street
- Top 20% Nationwide in Foot Traffic (Placer.ai)
- Low Rent ($9.14/SF) | Low Price-Point ($107.57/SF)
- Near Lutcher High School (481 Students) & St. James Parish Hospital
- Strategic Location Between Baton Rouge (40 Miles) and New Orleans (50 Miles)
- Leading Discount Retailer With Nationwide Presence (8,000+ Stores)
Exclusively Listed By
Auction Advisors
Starting Bid: $300,000
Investment Highlights
- Auction - June 22-24 | Starting Bid: $300,000
- Absolute Net Lease With Five Years Remaining
- Signalized Hard Corner Location on West Main Street
- Top 20% Nationwide in Foot Traffic (Placer.ai)
- Low Rent ($9.14/SF) | Low Price-Point ($107.57/SF)
- Near Lutcher High School (481 Students) & St. James Parish Hospital
- Strategic Location Between Baton Rouge (40 Miles) and New Orleans (50 Miles)
- Leading Discount Retailer With Nationwide Presence (8,000+ Stores)
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3212 Marcus & Millichap, is pleased to present 1991 W Main St, Lutcher, Louisiana 70071, a freestanding single tenant retail asset net leased to Family Dollar, a wholly owned subsidiary of Dollar Tree, Inc. The property offers fee simple ownership of a necessity-based retail building occupied by a Fortune 500-backed tenant with a national footprint spanning thousands of locations. The single tenant structure delivers a passive ownership profile with minimal landlord responsibilities and predictable cash flow supported by essential goods demand. Situated along West Main Street — the primary commercial corridor serving Lutcher — the asset benefits from strong daily traffic visibility and convenient regional access via Interstate 10 and Highway 3127, connecting to the Baton Rouge and New Orleans markets. The surrounding trade area is anchored by Mississippi River industrial operations including petrochemical, refining, and logistics employers that sustain consistent household income and essential retail spending. Limited competing retail supply within the immediate area reinforces the tenant's necessity and the location's long-term relevance to the community it serves.
Exclusively Listed By
Auction Advisors