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| Price $625,000 | Built/Renov 2014 | Tenant Family Dollar |
| Cap Rate 8.00% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
8,320
| Lease Start
07-01-2014
| #Units
8,359
|
| Price/SF $75.12 | Expiration
06-30-2026
| Tenant Type Dollar/Discount |
| NOI $50,000 | R. Term 1.6 | Ownership Fee Simple |
| Rent/SF
$6.01
| Increases 10.0%/2/yrs | Pop 5Mi 21,181 |
| Lot/AC 0.92 | Options 6/5yrs/10% | AHHI 5Mi $53,130 |
| | |
Family Dollar is strategically located on LA-182, with access to 12,400 vehicles passing by daily. The property is surrounded by well-known national tenants, including Burger King, CVS Pharmacy, McDonald's, O'Reilly Auto Parts, Popeyes, and more. The 5-mile trade area is supported by a population of 21,181 residents with an average household income of $53,130. Morgan City is a small city in...
...Build to suit
In location for years
Dense retail corridor
Near major nationals
Highway close
Major MSA
Favorable NN+ lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
Family Dollar is an American retail, variety discount store chain, with over 8,000 locations in all states except Alaska and Hawaii. The chain operates general merchandise retail discount stores...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 3,886 | 13,113 | 17,985 |
| 2024 Total Population : | 4,027 | 13,708 | 18,847 |
| 2024 Employed Civilian Pop : | 1,775 | 5,876 | 8,389 |
| 2024 Total Businesses : | 322 | 931 | 1,127 |
| 2024 Average Household Income : | $ 66,336 | $ 62,180 | $ 66,705 |
| 2024 Total Consumer Spending : | $ 95 M | $ 316 M | $ 452 M |
| 2024 Median Age : | 41 | 41 | 40 |
| 2024 Total Households : | 1,580 | 5,638 | 7,532 |
| 2024 Pop Age 25+: Bachelor's Degree : | 240 | 865 | 1,252 |
| 2024 Average Home Value : | $ 187,337 | $ 204,804 | $ 222,393 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Hwy 182 | 2022 | 13,127 | 0.07 mi | |
| US 90 | Justa St | 2020 | 1,501 | 0.21 mi |
| US 90 | US Hwy 90 | 2020 | 1,977 | 0.28 mi |
| State Rte 182 | Roderick St | 2011 | 12,050 | 0.29 mi |
| Roderick St | 2022 | 9,955 | 0.52 mi | |
| Degravelle St | 2022 | 28,811 | 0.91 mi | |
| US 90 | David Dr | 2020 | 3,164 | 0.96 mi |
| 9th Street | Brashear Ave | 2022 | 11,224 | 1.26 mi |
| River | 2022 | 15,172 | 1.34 mi | |
| US 90 | US Hwy 90 | 2020 | 4,011 | 1.48 mi |
Du Quoin, IL
Cap Rate 9.00%
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R. Term 0.70 yrs
Size/SF 7,040
Trafalgar, IN
Cap Rate 7.35%
Lease Double NN
R. Term 4.20 yrs
Size/SF 9,180
Shelby, OH
Cap Rate 7.72%
Lease Double NN
R. Term 4.80 yrs
Size/SF 10,640
Jennerstown, PA
Cap Rate 8.00%
Lease Double NN
R. Term 3.30 yrs
Size/SF 8,125
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
