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Family Dollar | 1991 W Main St

1991 W Main St, Lutcher, LA 70071
Available Now
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FOR SALERetail / Convenience Store
Cap Rate
7.95%
NOI
$79,430
Building Size
8,692SF
Lot Size
1.21AC
Year Built
2015
Occupancy
100%
Listing Contacts
Broker/Agent
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More property details

Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
Broker Co-op
Yes
Brand
Family Dollar
Ground Lease
No
No of Buildings
1
No of Stories
1
Units
1

Features & amenities

Unit Amenities
Air Conditioning
Natural Light
Onsite Parking
Location Amenities
Public Transportation
Commuter Rail
Airport

Location

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Family Dollar | 1991 W Main St
About the location

This offering presents the opportunity to acquire a Family Dollar in Lutcher, LA under an absolute net lease. The property features an 8,692-square-foot freestanding building situated on approximately 1.21 acres, with five years remaining on the lease and scheduled 10% rental increases at each option. Positioned on a signalized hard corner along West Main Street, the site ranks in the top 20% nationwide for foot traffic (Placer.ai). It also benefits from a low rent of $9.14 per square foot and a competitive price point of $115.05 per square foot. The location is strategically placed near Lutcher High School, St. James Parish Hospital, and between the major metropolitan areas of Baton Rouge (40 miles) and New Orleans (50 miles). As part of a leading national discount retailer with over 8,000 stores, this asset offers strong tenant stability and long-term investment appeal.

Documents

FILE
Family Dollar Flyer.pdf
6.84 MB · Listing document
Family Dollar | 1991 W Main St
8,692 SF · retail · United States · LA
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