Listed by Marcus & Millichap - Baton Rouge, Marcus & Millichap - Milwaukee
$524,000
Family Dollar
Details
Property Type Retail
Sub Type Storefront
Square Footage 8,000
Net Rentable (SqFt) 8,000
Units 1
Cap Rate 9.01%
NOI $47,190
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Term 28.5
Lease Expiration 06/29/2029
Remaining Term 3.1
Lease Options Three Five-Year
Price per SqFt $66
Broker Co-Op Yes
Year Built 2001
Year Renovated 2013
Buildings 1
Stories 1
Acreage 0.700
Investment Type Net Lease
Lease Commencement 12/31/2000
Occupancy Date 12/31/2000
Ground Lease No
NN | 9% CAP | Sales Reporting
Marketing description
Tenant Has Operated at this Location for Over 24 Years - Built to Suit in 2001
Renovated in 2013 and Many Updates to the Property Since 2021 - HVAC, Parking Lot, Exterior Lighting, Power Wash
Minimal Competition - Only One Dollar General in Town
Tenant Reports Store Sales - Contact Agent for Details
Listing Contacts
Listed by Marcus & Millichap - Baton Rouge, Marcus & Millichap - Milwaukee
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,190.00
$3,932.50/mo
Valuation Metrics
0
DSCR
9.01%
Cap Rate
9.01%
ROI
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