9447 US-80, Simsboro, LA 71275

LEASE TERM: Family Dollar has been at this location since 2018 and has 3+ years remaining on their lease with six (6), 5-year renewal options.

PASSIVE LEASE STRUCTURE: Family Dollar reimburses 100% of real estate taxes and insurance and coordinates and pays common area maintenance items directly. The Landlord is responsible for the roof, structure, and parking lot replacement.

SCHEDULED RENT INCREASES: The lease calls for $0.50 per square foot ($4,160) rent increases at the start of each of the six (6), 5-year renewal options providing the investor with an attractive hedge against inflation.

CORPORATE LEASE: The Family Dollar lease is guaranteed by Family Dollar Stores of Louisiana, Inc. On March 25, 2025, Dollar Tree, Inc entered into a definitive agreement to sell the Family Dollar business to Brigade and Macellum for a purchase consideration of $1.0 Billion. The sale was finalized on July 7, 2025. Family Dollar operates approximately 8,200 stores across 46 U.S. states.

STRATEGIC RETAIL LOCATION: The Property enjoys excellent frontage and visibility along US Highway 80, the area’s primary commercial and commuter corridor. Family Dollar is the main shopping destination in Simsboro. Family Dollar is across the street from Simsboro High School and is seconds from LA Routes 507 and 563, both of which provide quick access to Interstate 20. Positioned in the center of town, the Property is convenient to residential neighborhoods, area businesses, and Grambling State University. Simsboro is 10 miles west of Ruston, which offers retail and dining amenities, schools, employment opportunities, and a hospital (Northern Louisiana Medical Center). Additionally, Family Dollar is approximately 60 miles from Shreveport.

AREA ECONOMIC DRIVERS: Simsboro’s economy is closely tied to the broader Lincoln Parish region, which is anchored by higher education and manufacturing. Nearby Ruston is home to Louisiana Tech University, a significant driver of employment, innovation, and cultural activity in the area. Just to the west, Grambling is home to Grambling State University, another major institution that contributes to regional economic stability. Together, these universities help support a skilled workforce, housing demand, and steady consumer activity throughout the parish.

LIMITED COMPETITION: Family Dollar is the primary shopping destinations in the town of Simsboro with minimal competition. Other than Family Dollar, the closest dollar store is 5 miles away in Grambling, and the closest grocer, Super Foods 1 and Walmart Supercenter are 10 miles away. Area residents rely on this Family Dollar for groceries, sundries and general supplies.

RECESSION & E-COMMERCE RESISTANT TENANT: Family Dollar thrives in middle- America markets where incomes may be modest, proving the tenant to be a resilient and recession-resistant retailer. Family Dollar is an internet-resistant retailer because it offers low-cost, everyday essentials that customers often need immediately, making quick, in-person purchases more practical than waiting for online delivery, especially in remote, rural areas.

DEMOGRAPHICS: Approximately 37,700 people live within 10 miles of the Property with an average household income of $59,190. More than 61,600 people live within 20 miles of the Property with an average household income of $66,974.