Dark Family Dollar-Wisner, Louisiana
Dark Store-Price Reduced to an 8.75% cap!
Marketing description
Transwestern National Net Lease I Sale Leaseback Group is pleased to present a formerly occupied and expanded Family Dollar Tree combination store in Wisner, Louisiana. Family Dollar executed a new ten (10) year lease in 2023.
Wisner, Louisiana is in Franklin Parish and has a population of approximately 20,000. Situated in the eastern/central part of the state, the Property is sixty miles southeast of Monroe, seventy-five miles northeast of Alexandria, Louisiana and forty miles north of Natchez, Mississippi.
The original building was constructed in 2012 and initially consisted of 8,320 square feet. Following the expansion, the Wisner store now contains approximately 10,500 square feet.
Property can also be purchased individually or with the following other properties:
Family Dollar, Ragley, Louisiana: https://www.crexi.com/properties/1504738/louisiana-family-dollar-tree-combination-store-ragley-louisiana
Investment highlights
- Dark Former Family Dollar Tree Combination Store
- Tenant continues to pay rent and expenses per the Lease
- PRICE REDUCTION! NOW OFFERED AT $948,000 / 8.75% cap!
- Family Dollar has been acquired by the private equity firms Brigade Capital Management and Macellum Capital Management for nearly $1 billion
- Double net lease structure with minimal landlord responsibilities (see OM for details)
- Wisner was expanded by approximately 2,500 square feet for a total of 10,500 square feet
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