4923 Monkhouse Dr Shreveport, LA 71109

Located in Shreveport, Louisiana, this Family Dollar property was built in 2015. The store is situated on a corner parcel of approximately 1.12 acres on Monkhouse Road, near Interstate 20 and the Shreveport Regional Airport, benefiting from combined traffic counts exceeding 65,000 vehicles per day. The surrounding area includes major hotel chains such as Best Western, Days Inn, Residence Inn, Economy Inn, and Super 8. The location benefits from a five-mile population of over 92,310 residents. The building has an area of approximately 8,320 square feet and features an upgraded facade. The property is currently operating under a 15-year NNN lease, with approximately 7.5 years remaining. The lease includes a corporate guaranty by Family Dollar, a subsidiary of Dollar Tree, which has over 16,300 retail locations. A 10% increase is scheduled for April 2026, during the 11th year of the lease term. The lease also includes 10% increases in each of the 6 option periods. Shreveport is known as a center of culture, commerce, and entertainment and is home to Barksdale Air Force Base, LSU Shreveport, Louisiana Tech, Southern University, Centenary College, and many national and regional casinos.