Family Dollar
Net Leased Offering | 9.00% CAP | Family Dollar Corporate Guarantee
Marketing description
The Kase Group is pleased to offer the opportunity to acquire a new 10-year net-leased Family Dollar in Hackberry, Louisiana, supported by a corporate-guaranteed NN lease with minimal landlord responsibilities. The investment features a 9.00% capitalization rate on a current annual rent of $112,875, providing stable, passive income secured by Family Dollar Stores, Inc.
The lease includes six 5-year renewal options with $0.50/SF rent increases in each option periods, offering future revenue growth and an inflation hedge beyond the base term. The Family Dollar property benefits from excellent visibility along Main Street and is located near southwest Louisiana's largest metro area, Lake Charles. Operating as the sole national discount retailer within a 14-mile radius, Its location on the Creole Nature Trail, a primary arterial connecting the Gulf Coast to Lake Charles, ensures consistent exposure to local residents and heavy industrial traffic.
Investment highlights
New 10 Year Net Leased Family Dollar
Minimal Landlord Obligations
Corporate Guarantee
Well Located along Main Street
Located Southwest of Lake Charles
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