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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29645871

436 Fuller St, Doyline, LA 71023 For Sale

SR
LA LA - BROK.995707070-CORP, CA 02101543 (+42)
ParaSell Inc
KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
The Kase Group
Listed by ParaSell Inc, The Kase Group
$1,369,667
161 days on market
Updated 40 days ago

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,598
Cap Rate 9%
NOI $123,270
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Expiration 05/31/2034
Remaining Term 7.9
Rent Bumps Yes
Lease Options Six, 5-Year
Price per SqFt $129
Investment Type Core

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, o􀆴ering 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 tra􀆵c. 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

Listing Contacts

SR
LA LA - BROK.995707070-CORP, CA 02101543 (+42)
ParaSell Inc
KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
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
$123,270.00
$10,272.50/mo

Valuation Metrics

0
DSCR
9%
Cap Rate
9%
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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