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29646258

612 Main St, Hackberry, LA 70645

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
$1,254,167
116 days on market
Updated 116 days ago

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,500
Cap Rate 9%
NOI $112,875
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Expiration 09/30/2033
Remaining Term 7.3
Rent Bumps Yes
Lease Options Six, 5-Year
Price per SqFt $119
Investment Type Net Lease

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

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

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,875.00
$9,406.25/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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