Discount
Family Dollar (23-Year Operating History)
3296 US-165, Richwood, LA 71202
Listing Price: $612,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Family Dollar in Richwood, LA. The property consists of a 7,810-square-foot, freestanding building that sits on approximately 0.90 acres of land. There are 2.3 years remaining on the lease with 10% rental increases every five years.
Family Dollar (23-Year Operating History)
Investment Highlights
- Double Net Lease With 2.3 Years Remaining
- Just Off Signalized Hard Corner of U.S. Highway 165 (25,261 VPD)
- Below-Market Rent ($6.85/SF) | Low Price-Point
- Proven 23-Year Operating History With Three Exercised Options
- Near Elementary School, Regional Zoo, and Ochsner LSU Health Medical Center
- 113,000+ Residents and 134,000+ Daytime Population Within 15 Miles
- Monroe Serves as the Economic and Healthcare Hub of Northeast Louisiana
- Leading Discount Retailer With Nationwide Presence (8,000+ Stores)
Exclusively Listed By
Broker of Record
Listing Price: $612,000
Investment Highlights
- Double Net Lease With 2.3 Years Remaining
- Just Off Signalized Hard Corner of U.S. Highway 165 (25,261 VPD)
- Below-Market Rent ($6.85/SF) | Low Price-Point
- Proven 23-Year Operating History With Three Exercised Options
- Near Elementary School, Regional Zoo, and Ochsner LSU Health Medical Center
- 113,000+ Residents and 134,000+ Daytime Population Within 15 Miles
- Monroe Serves as the Economic and Healthcare Hub of Northeast Louisiana
- Leading Discount Retailer With Nationwide Presence (8,000+ Stores)
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Family Dollar in Richwood, LA. The property consists of a 7,810-square-foot, freestanding building that sits on approximately 0.90 acres of land. There are 2.3 years remaining on the lease with 10% rental increases every five years.
Exclusively Listed By
Broker of Record
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
