This rare, absolute NNN Family Dollar located in Shreveport, the 3rd largest city in Louisiana, has a major price reduction to
$1,505,000 which is a 7.7% cap rate. Combined with a 10% rent increase in April of 2026, the average cap rate for the remaining initial 15-year lease term is over 8.3%! Placer.ai ranks this location in the top third for store sales as compared to other Family Dollars nationwide with 3.5% year-over-year growth in store sales!
Family Dollar is strategically located just off the exit ramp of Interstate 20, near the Shreveport Regional Airport with combined traffic counts of over 54,000 VPD. Major hotel chains nearby include Best Western, Days Inn, Residence Inn, Economy Inn, and Super 8.
The 15-year NNN lease has 6 years remaining on the initial term with an upcoming 10% rent increase in April 2026. There are 6 five year renewal options with 10% rent increases in each option period and current rents/SF are only $13.98!
Shreveport, located in NW Louisiana is home to Barksdale Air Force Base, the largest employer in the Shreveport-Bossier City MSA, along with other large employers including LSU-Shreveport, Louisiana Tech, Southern University, Centenary College, and many national retailers and casinos. The five-mile population is over 90,000 and average household income is just over $59K.
This successful location has a strong corporate guaranty by Family Dollar, a subsidiary of Dollar Tree with over 16,000 locations throughout the U.S.