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29646073

5105 LA-34, Eros, LA 71238

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
$1,318,333
124 days on market
Updated 3 days ago

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,500
Cap Rate 9%
NOI $118,650
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Expiration 01/31/2034
Remaining Term 7.6
Rent Bumps Yes
Lease Options Six, 5-Year
Price per SqFt $126
Investment Type Core

Net Leased Offering | 9.00% CAP | Corporate Guarantee

Marketing description

This is a prime investment opportunity to acquire a Family Dollar property located

in Eros, Louisiana, secured by a corporate guarantee from Family Dollar Stores, Inc.,

which holds a BBB investment-grade S&P rating. The 8,320-square-foot facility,

constructed in 2017, features a modern design with a brick veneer façade and a

standing seam metal roof, representing the newest retail construction in the area.

This property offers a passive income stream backed by a strong national tenant,

making it an attractive option for investors seeking reliable cash flow in a market

with high barriers to new development. Additionally, the lease agreement includes

six 5-year renewal options with rent increases of $0.50/SF at each renewal.

The property is situated with direct frontage along Louisiana Highway 34, providing

excellent visibility and access. Family Dollar serves as the exclusive discount

retailer for the immediate municipality, benefiting from a lack of competition

within a six-mile radius. Its strategic location along the primary north-south route

between Jackson Parish and West Monroe ensures it functions as a critical retail

anchor for the community.

Investment highlights

New 10-Year Net Leased

Corporate Guaranteed by Family Dollar

Minimal Landlord Obligations

Includes Six 5-Year Renewal Options with $0.50/SF Rent Increases in Each Option Period

Positioned Along Louisiana Highway 34, a Key North-South Route Connecting Jackson Parish to West Monroe, Capturing Significant Local Traffic

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
$118,650.00
$9,887.50/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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