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3000 Highway 10 Jackson, LA 70748

For Sale
$449,000

Single-tenant Family Dollar in Jackson, LA with attractive cap rate.

Property size:
7,056 SF

Property Features for 3000 Highway 10

General Information

Size
7,056 SF

Source: Harry Bell Jr. Agent Harry Bell Jr.

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Family Dollar Investment Opportunity

This is an excellent net-leased investment opportunity to purchase a single-tenant, freestanding Family Dollar store located in Jackson, Louisiana. The freestanding building has 7,056 square feet and is situated on approximately 0.47 acres off Charter Street. The Family Dollar store has approximately 2.5 years remaining on the lease term, with two 5-year renewal options. The property is double-net, with the landlord responsible for the roof, structure, CAM, exterior, and electrical/plumbing. The landlord is responsible for major repairs/replacement and HVAC repairs greater than $500. The tenant reimburses for the tax and insurance over the base year. The property is being offered at an attractive 8% cap rate and is an ideal opportunity for a passive investor looking for a corporate guaranteed asset in the state of Louisiana. The asset is being sold as part of a portfolio of Family Dollar stores or can be purchased separately. Over 8,000 Family Dollar Stores.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Restaurant Realty agency Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Storage Facility Food Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Jackson
County
East Feliciana
State
Louisiana
Longitude
-91.195729
Latitude
30.83642

FAQs

What type of property is this?
Drug store - Single-tenant Family Dollar in Jackson, LA with attractive cap rate.
Where is this drug store located?
The property is located at 3000 Highway 10 Jackson, LA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: - Attractive 8% cap rate; - Corporate guaranteed asset with strong credit tenant (Family Dollar); - Net-leased investment opportunity for passive income
More about this property
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