Family Dollar
Net Leased Offering | 9.00% CAP | Corporate Guarantee
Marketing description
This is an excellent opportunity to acquire a newly leased Family Dollar property
located at 436 Fuller Street, Doyline, Louisiana, priced at $1,369,667. The property
is secured by a 10-year net lease, oering minimal landlord obligations. The lease
commenced recently and is set to expire on May 31, 2034. Additionally, the lease
includes six 5-year renewal options, each with $0.50/SF rent increases in the
option periods. The lease is backed by a corporate guarantee, further ensuring a
reliable income stream for investors.
The property is situated in a well-traveled area with strong visibility and access,
benefiting from local and regional trac. Family Dollar, a well-known national
retailer, serves the community with a wide range of products, and the Doyline
location is positioned to capture both local shoppers and customers from
surrounding areas.
Investment highlights
10-Year Net Lease – Minimal Landlord Obligations
Corporate Guarantee by Family Dollar (NYSE: FDO)
New Lease with Six 5-Year Renewal Options
$0.50/SF Rent Increases in Each Renewal Period
Densely Populated Area with Strong Residential and Retail Demand
Well-Positioned in a Growing Retail Market in Doyline, LA
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