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201 S Elm St Haughton, LA 71037

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For Sale
$698,500

Retail property in Haughton, LA, with long-term lease and escalations.

Property size:
8,000 SF
Lot size:
1.15 Acres

Property Features for 201 S Elm St

General Information

Size
8,000 SF
Lot size
1.15 Acres

Source: Bull Realty, Inc. - Atlanta Agent Nancy Miller

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


Overview

Haughton Dollar Tree Investment Opportunity

This retail property is located in Haughton, Louisiana, part of the Shreveport-Bossier City Metropolitan Statistical Area. The property was recently re-branded as a Dollar Tree, after operating successfully as a Family Dollar at this site since 2001. The re-branding in 2019 included interior remodeling and a new exterior facade. Prior to the re-branding, between 2017 and 2019, the landlord completed extensive work on the parking lot, roof, and HVAC system. Haughton is a bedroom community of Shreveport, which is the third-largest city in Louisiana, located 15.8 miles to the east. The Shreveport-Bossier City MSA features universities, casinos, gardens, and museums. Barksdale Air Force Base is located 15 miles east of Haughton. The base has over 7,800 active duty and reserve personnel, as well as 2,150 civilian employees. The immediate area includes elementary and high schools, national retailers such as Pilot Travel Center, Pizza Hut, and Dollar General, as well as manufacturing and energy firms like Integrity Industries and Kinder Morgan. Traffic counts are nearly 7,000 vehicles per day on South Elm Street, and the property is located 1.3 miles south of I-20. Within a 5-mile radius, the population is 15,051 with an average household income of $77,111. The remaining NN lease term runs through 2027, with options through 2047. The lease features rent escalations every five years of 9%-10%. The property size is 8,000 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Buc Stop Convenience Store Exxon Gas Station

Suggested Use

Realty agency Law Firm Restaurant Hair Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Wholesale Shop Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Haughton
County
Bossier
State
Louisiana
Longitude
-93.514778
Latitude
32.533521

FAQs

What type of property is this?
Storefront property - Retail property in Haughton, LA, with long-term lease and escalations.
Where is this storefront property located?
The property is located at 201 S Elm St Haughton, LA.
What is the asking price?
The asking price for this property is $698,500.
What are key features of this property?
This property features: - Strong corporate guaranteed lease with a long and successful operating history since 2001.; - Attractive NN lease with rent escalations every five years (9%-10%) through 2027, with options to extend through 2047.; - Recent re-branding in 2019 with interior remodeling and new exterior façade.
More about this property
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