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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29646936

377 Main St, Marion, LA 71260

SR
LA LA - BROK.995707070-CORP, CA 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
$1,256,500
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 $113,085
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Rent Bumps Yes
Lease Options Six, 5-Year
Price per SqFt $120
Year Built 2024
Investment Type Net Lease

Net Leased Offering | 9.00% CAP | Corporate Guarantee

Marketing description

This is a prime opportunity to acquire a Family Dollar property in Marion, Louisiana, secured by a lease with a corporate guarantee. The investment offers a 9% capitalization rate and is backed by an investment-grade tenant, ensuring robust financial stability. The lease structure minimizes landlord responsibilities, while providing six 5-year renewal options with $0.50/SF rent increases, creating a reliable, escalating income stream over the holding period.

Strategically positioned along Main Street (Highway 33), this location serves as the primary retail destination for the community, benefiting from excellent visibility and direct access on the town’s central thoroughfare. The property sits in the commercial core of Marion, adjacent to Marion State Bank and just across the street from the town hall, capturing daily traffic from the area’s key civic and commercial drivers.

Investment highlights

Net Leased Offering

Minimal Landlord Obligations

Scheduled Increases in Rent

Corporate Guarantee

Excellent Location along Main Street (Highway 33)

Listing Contacts

SR
LA LA - BROK.995707070-CORP, CA 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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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,085.00
$9,423.75/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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