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2221 S UNION ST Opelousas LA 70570-5741

APN 0102505000

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Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Building SqFt 10,000
Lot SqFt 191,407
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code NMU
Year Built 2025
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Mortgage Amount ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, QSR/Fast Food, Grocery Store
Asking Details
Asking Price
$2,278,911
Asking Cap Rate
7.35%
Asking NOI
$167,500
Marketing Description

Located in the heart of St.​ Landry Parish, Opelousas functions as a historic regional center within south-central Louisiana, serving as an important hub for employment, healthcare, education, and government services for the surrounding communities.​ This brand new 2025 build-to-suit construction features Dollar Tree's latest prototype and specifications, positioned strategically adjacent to a Walmart Neighborhood Market and Super Food center.​ The property is surrounded by strong national retailers including McDonald's, Raising Cane's, Walmart, Taco Bell, Check Point Urgent Care and Hobby Lobby, serving a dense trade area with roughly 30,000 residents in a 5-mile radius.​

Investment Highlights
  • ​Extremely attractive 7.35% Cap Rate
  • ​Corporate lease from Dollar Tree
  • ​Brand new 2025 build-to-suit construction for Dollar Tree featuring the latest prototype and specifications
  • ​10-Year NN+ Lease which includes Four, 5-Year extension periods
  • ​20-Year transferable Roof Warranty
  • ​Situated on a large 1.74 Acre parcel
  • ​Strategically located adjacent to a Walmart Neighborhood Market and Super Food center
  • ​Surrounded by strong national retailers including McDonald's, Raising Cane's, Walmart, Taco Bell, Check Point Urgent Care and Hobby Lobby
  • ​Serves a dense trade area with roughly 30,000 residents in a 5-mile radius
  • ​Close proximity to both Lafayette and Baton Rouge
  • ​Dollar Tree recently sold off Family Dollar in summer of 2025 to refocus on its core, higher-performing brand
  • ​Since the sale of Family Dollar, Dollar Tree has seen an increase in their stock price of nearly 25%
  • ​Investment Grade Credit Tenant - S&P Rated BBB
Property Type
Property Type
Retail
Property Subtype
Convenience Store, Grocery Store, QSR/Fast Food
Investment Highlights

Lease & Location

● Extremely attractive 7.35% Cap Rate

● Corporate lease from Dollar Tree

● Brand new 2025 build-to-suit construction for Dollar Tree featuring the latest

prototype and specifications

● 10-Year NN+ Lease which includes Four, 5-Year extension periods

● 20-Year transferable Roof Warranty

● Situated on a large 1.74 Acre parcel

● Strategically located adjacent to a Walmart Neighborhood Market and Super Food center

● Surrounded by strong national retailers including McDonald’s, Raising

Cane’s, Walmart, Taco Bell, Check Point Urgent Care and Hobby Lobby

● Serves a dense trade area with roughly 30,000 residents in a 5-mile radius

● Close proximity to both Lafayette and Baton Rouge

Tenant Highlights

● Dollar Tree recently sold off Family Dollar in summer of 2025 to refocus on its core, higher-performing brand

● Since the sale of Family Dollar, Dollar Tree has seen an increase in their stock price of nearly 25%

● Investment Grade Credit Tenant – S&P Rated BBB

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JB
Josh Bishop PRO
LIC: 688810
•••.•••.2289
••••.••shop@••••••••.com
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