Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Dollar Tree property located in Monroe, LA (The Property”). The Property consists of a 23,280 square foot freestanding retail building on a 1.96 acre parcel of land. Dollar Tree is operating under an Absolute NNN lease with zero landlord responsibilities. There are currently ± 4.5 years remaining on the lease term with one (1), five (5) year extension option remaining.
The Property is located in Monroe, Louisiana. The Property benefits from strong access and visibility from Louisville Ave (20,000+ VPD), which considerably helps to drive consumers to the site. Additionally, the Property features strong local demographics with over 48,000 individuals living within a 3-mile radius.