For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

2100 Louisville Ave Monroe, LA 71201

For Sale
$2,943,972

NNN leased Dollar Tree in strong retail corridor.

Property size:
23,590 SF
Lot size:
1.97 Acres

Property Features for 2100 Louisville Ave

General Information

Size
23,590 SF
Lot size
1.97 Acres

Source: Northmarq | Atlanta Agent Jason Powell

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


Overview

Dollar Tree Investment Opportunity

This property is an outparcel to a retail plaza situated along Louisville Ave, a major retail corridor with retailers such as Walmart, Rent-A-Center, and Office Depot. The property is leased to Dollar Tree, Inc. (NASDAQ: DLTR), which has reported total annual sales exceeding $26 billion and carries investment grade credit ratings of BBB-/Stable and Baa2/Stable from S&P and Moody’s, respectively. Dollar Tree is operating under an Absolute NNN lease, where the tenant is responsible for all expenses relating to the property including taxes, insurance, CAM, roof and structure, providing zero landlord responsibilities. A complete renovation of both the interior and exterior occurred in 2023 as the tenant updated the store to meet new prototype standards, signaling Dollar Tree's continued commitment to this site. Additionally, Dollar Tree renewed their lease for an additional period of five years in 2023. The current rate is $8.85 PSF. The property is located in Monroe, LA, just off of Louisville Ave, a major roadway with traffic counts over 20,000 VPD. The area is home to over 48,000 people within a 3-mile radius and an average HH income of $62,235.
Insight Report Location Intelligence

Current Use by Public Records

Dollar Tree Dollar Store

Suggested Use

Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

Similar Places Nearby

Grand Floral Flowers, Southern Flower Exchange, Grand Floral, Westside Flower & Gift Shop, Sanders Wholesale Florist

Location Insight

  • Map
  • Local Demand
City
Monroe
County
Ouachita
State
Louisiana
Longitude
-92.102212
Latitude
32.519805

FAQs

What type of property is this?
Storefront property - NNN leased Dollar Tree in strong retail corridor.
Where is this storefront property located?
The property is located at 2100 Louisville Ave Monroe, LA.
What is the asking price?
The asking price for this property is $2,943,972.
What are key features of this property?
This property features: - Investment Grade Tenant: Leased to Dollar Tree (NASDAQ: DLTR) with investment grade credit ratings (BBB-/Baa2).; - Absolute NNN Lease: Zero landlord responsibilities; tenant handles all expenses.; - Below Market Rent: Current rent is 34% below the sub-market average.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message