Contacts
Harry Bell Jr.
Bellcore Commercial
Property Details
- Property Type Retail - Freestanding
- Property Size 7,056 SF
- Units 1
- Lot Size 0.47 Acre
- Additional Rent Contact for pricing
- Date Updated Oct 7, 2024
Jackson, LAExcellent netleased investment opportunity to purchase the single-tenant, freestanding Family Dollar located in Jackson, Louisiana. The 7,056 SF freestanding building is situated on approximately .47 acres off of Charter St. Family Dollar has +/- 2.5 years remaining on the lease term with two 5 -year renewal options.
The property is double-net with the landlord responsible for the roof, structure, CAM, exterior, and electrical/plumbing. The landlord is responsible for major repairs/replacement and HVAC repairs greater than $500. The Tenant reimburses for the tax and insurance over the base year.
The property is being offered at an attractive 8% cap rate and is an ideal opportunity for a passive investor looking for a corporate guaranteed asset in the state of Louisiana. The asset is being sold as part of a portfolio of Family Dollar stores or can be purchased separately.
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Highlights
- Attractive Low Price Point and Cap Rate
- Strong credit tenant; E-Commerce resilient tenant
- Over 8,000 Family Dollar Stores
Attachments
Getting around
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23/100
Walk Score ®
-
32/100
Bike Score ®
Powered by Walk Score ®
Location
- City Jackson, LA
- Zip Code 70748
- Market Baton Rouge
Points of Interest
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Chevron
0.28 miles
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Exxon
0.36 miles
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JF Food Mart
1.15 miles
In-Depth Research Available for this Property
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Contact Listing Broker
Harry Bell Jr.
Bellcore Commercial