5115 Highway 34 - Freestanding FOR SALE


Eros, LA 71238
$1,483,125 USD
925-231-1770
5115 Highway 34, Eros, LA for Sale
$1,483,125 USD
Freestanding - FOR SALE
1/1
null | 8% Cap Rate

5115 Highway 34
Eros, LA 71238


HIGHLIGHTS

  • New 10 Year Net Leased Family Dollar
  • Brand New Hybrid Store Concept
  • Minimal Landlord Obligations
  • Corporate Guarantee
  • New Construction

OVERVIEW

This is an opportunity to purchase a new 10-year net-leased Family Dollar in Eros, Louisiana. The lease calls for minimal landlord obligations. This building features the latest dual-branded format, offering both Family Dollar and Dollar Tree merchandise. The lease includes six 5-year renewal options with $0.50/SF rent increases in each option period. The asset benefits from excellent visibility along State Highway 34.

FOR SALE DETAILS

PRICE

$1,483,125 USD

PRICE/SF

$141 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Year Net Lease Family Dollar/Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,059 SF

ZONING

-

APN/PARCEL ID

127019

ASK ABOUT THIS PROPERTY

Jacob AbusharkhThe Kase GroupMore Info
925-231-1770

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Jacob AbusharkhThe Kase GroupMore Info
925-231-1770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.