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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
15322744

1559 3rd St, Gibsland, LA 71028

Foremark Inc
Listed by Foremark Inc
$1,636,887.42
829 days on market
Updated 129 days ago

New Construction Family Dollar Tree Combo Store

Details
Property Type Retail
Sub Type Grocery Store
Square Footage 10,500
Cap Rate 7.55%
NOI $123,585
Tenancy Single
Brand/Tenant Dollar Tree, Family Dollar
Lease Type NN
Price per SqFt $156
Year Built 2023
Buildings 1
Stories 1
Acreage 1.000
Investment Type Net Lease
Lease Commencement 11/15/2023
Occupancy Date 11/15/2023

Retail | 7.55% CAP | 10,500 SF

Marketing description

Investment highlights

New Development Dollar Tree/Family Dollar Combo Store

10 Year Lease

Only Dollar Store located in the town of Gibsland

3 Five (5) year options, with 10% increases

Publicly Traded Tenant, BBB Rating

16,000 + Locations

Listing Contacts

Foremark Inc
Listed by Foremark Inc

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$123,585.00
$10,298.75/mo

Valuation Metrics

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DSCR
7.55%
Cap Rate
7.55%
ROI

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