Listed by Transwestern Houston, Transwestern Fort Worth
$1,320,000
Family Dollar Store-Ragley, Louisiana
Details
Property Type Retail
Sub Type Grocery Store, Storefront
Square Footage 10,500
Units 1
Cap Rate 8.75%
NOI $115,500
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar, Family Dollar Tree
Lease Type NN+
Lease Term 10
Lease Expiration 01/31/2034
Remaining Term 7.6
Lease Options Five, 5-year
Price per SqFt $126
Broker Co-Op Yes
Year Built 2024
Buildings 1
Acreage 1.940
Investment Type Net Lease
Lease Commencement 01/17/2024
Ground Lease No
Ownership Fee Simple
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.
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.
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)
Listing Contacts
Listed by Transwestern Houston, Transwestern Fort Worth
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,500.00
$9,625.00/mo
Valuation Metrics
0
DSCR
8.75%
Cap Rate
8.75%
ROI
Map
Zoning
NZ SpecialNo Zoning
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Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics
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