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21315166

377 Main St, Marion, LA 71260

SR
LA LA - BROK.995707070-CORP, CA 02101543 (+42)
ParaSell Inc
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
KA
TX 708586, GA 381358 (+3)
The Kase Group
Listed by ParaSell Inc, The Kase Group
$1,413,563
503 days on market
Updated 67 days ago

Dollar Tree

Details
Property Type Retail
Sub Type Storefront
Square Footage 10,500
Cap Rate 8%
NOI $113,085
Tenancy Single
Lease Type Net
Lease Expiration 02/28/2034
Remaining Term 7.7
Tenant Credit Corporate Guarantee

New 10 Year Net Lease Family Dollar/Dollar Tree | 8.00% CAP | New Construction

Marketing description

This is an opportunity to purchase a new 10-year net-leased Family Dollar in

Marion, Louisiana. The lease calls for minimal landlord obligations. This building

features the latest dual-branded format, offering both Family Dollar and Dollar Tree

merchandise. The lease includes six 5-year renewal options with $0.50/SF rent

increases in each option period. The asset benefits from excellent visibility along

Main Street.

Investment highlights

  • New 10 Year Net Leased Family Dollar

  • Brand New Hybrid Store Concept

  • Minimal Landlord Obligations

  • Corporate Guarantee

  • New Construction

  • Well Located along Main Street

Listing Contacts

SR
LA LA - BROK.995707070-CORP, CA 02101543 (+42)
ParaSell Inc
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
KA
TX 708586, GA 381358 (+3)
The Kase Group
Listed by ParaSell Inc, The Kase Group

Valuation Calculator

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,085.00
$9,423.75/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Scott Reid
License
LA - BROK.995707070-CORP
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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