Family Dollar Store-Ragley, Louisiana
Brand New 2024 Construction | PRICE REDUCED TO 8.75% CAP!
Marketing description
REDUCED PRICE! NOW OFFERED AT $1,320,000 / 8.75% cap!
BRAND NEW CONSTRUCTION
Transwestern National Net Lease I Sale Leaseback Group is pleased to present a 2024 newly constructed Family Dollar store in Ragley, Louisiana. Family Dollar has executed a new, ten (10) year lease which commenced January 2024. Dollar Tree corporate has confirmed this brand-new store is NOT on the recently announced Family Dollar store closure list.
Ragley, Louisiana, located in Beauregard Parish, is twenty-three miles directly north of Lake Charles on US-Highway 171. The Property is situated at the northwest corner of Hoffpauir and US-Highway 171. The population of Beauregard Parish is 36,570 and Ragley’s population is 4,300. The closest Family Dollar store is thirteen miles away while the nearest Dollar Tree is fifteen miles away.
This property can be acquired individually or with a newly expanded Family Dollar in Wisner, Louisiana
Family Dollar - Wisner, Louisiana: https://www.crexi.com/properties/883202/louisiana-family-dollar-tree-combination-stores--4-property-portfolio
Investment highlights
Price reduced to $1,320,000 / 8.75% cap!
Family Dollar has been acquired by the private equity firms Brigade Capital Management and Macellum Capital Management for nearly $1 billion
With new corporate ownership, there will be a renewed focus on Family Dollar branded stores
Recently signed, ten (10) year lease
Double net lease structure with minimal landlord responsibilities (see OM for details)
Property can also be purchased with a recently expanded Family Dollar store in Wisner, Louisiana
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