Listed by Matthews
$2,233,333
Dollar Tree | 7.50% Cap | 2025 Construction
Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 10,000
Cap Rate 7.5%
NOI $167,500
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree, Dollar Store
Lease Type NN+
Lease Term 10.1
Lease Expiration 06/30/2035
Remaining Term 9
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 06/01/2025
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 7.50% 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
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,500.00
$13,958.33/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
Map
Zoning
NMU MixedMixed UseNeighborhood Mixed Use
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 182 uses
View all 182 uses Last updated Mar 16, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
