Freestanding Net-Lease Retail
1114 S Main Street Saint Martinville, LA 70582
For Sale
Contact for pricing
Pending
NNN leased Fred’s Super Dollar with corporate guarantee, featuring landlord responsibility limited to roof, structure, and plumbing.
Days on Market105
Property Features for 1114 S Main Street
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
SRS Real Estate Partners Newport Beach
(248) 688-0630
Listed By:
Michael Carter · License #MI 6501369793
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 10:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is offering the fee simple interest in a freestanding, NNN leased, corporate-guaranteed Fred’s Super Dollar retail investment property. The tenant, Fred’s Stores of Tennessee, Inc., has more than 5 years remaining in its initial lease term, with three (5-year) options to extend. The lease includes fixed rental increases of $0.25 PSF at the beginning of each option period. Under the NNN structure, landlord responsibilities are limited to roof, structure, and plumbing.
The property is located along S. Main Street / State Highway 31, the primary north/south thoroughfare through St. Martinville, averaging 10,600 vehicles passing by each day. It is also less than one mile from State Highway 96, averaging 10,100 VPD. The site includes a large pylon sign for visibility and street frontage along S. Main Street / State Highway 31. Fred’s is positioned within a dense retail corridor serving the town, with national/credit retailers nearby including CVS Pharmacy, Piggly Wiggly, Ace Hardware, and Family Dollar, supporting a strong draw for the trade area.
The property is located along S. Main Street / State Highway 31, the primary north/south thoroughfare through St. Martinville, averaging 10,600 vehicles passing by each day. It is also less than one mile from State Highway 96, averaging 10,100 VPD. The site includes a large pylon sign for visibility and street frontage along S. Main Street / State Highway 31. Fred’s is positioned within a dense retail corridor serving the town, with national/credit retailers nearby including CVS Pharmacy, Piggly Wiggly, Ace Hardware, and Family Dollar, supporting a strong draw for the trade area.
Key Highlights
- Fee simple ownership of a freestanding, NNN leased Fred’s Super Dollar in St. Martinville, LA (Lafayette MSA).
- Tenant has more than 5 years remaining in the initial lease term, plus 3 (5‑year) extension options.
- Corporate guaranteed lease with fixed rental increases of $0.25 PSF at the beginning of each option period.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
NNN property - NNN leased Fred’s Super Dollar with corporate guarantee, featuring landlord responsibility limited to roof, structure, and plumbing.
Where is this nnn property located?
The property is located at 1114 S Main Street Saint Martinville, LA.
What are key features of this property?
This property features: Fee simple ownership of a freestanding, NNN leased Fred’s Super Dollar in St. Martinville, LA (Lafayette MSA).; Tenant has more than 5 years remaining in the initial lease term, plus 3 (5‑year) extension options.; Corporate guaranteed lease with fixed rental increases of $0.25 PSF at the beginning of each option period.
