Listed by Matthews
$2,278,911
Dollar Tree | 7.35% Cap | 2025 Construction
Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 10,000
Cap Rate 7.35%
NOI $167,500
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree, Dollar Store
Lease Type NN+
Lease Term 10.1
Lease Expiration 06/29/2035
Remaining Term 9.2
Rent Bumps Yes
Lease Options Four, 5-Year
Year Built 2025
Acreage 1.740
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/31/2025
Ground Lease No
Ownership Fee Simple
Corporate Guaranty | Strong Retail Synergy
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
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,500.00
$13,958.33/mo
Valuation Metrics
0
DSCR
7.35%
Cap Rate
7.35%
ROI
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