Freestanding Net-Lease Retail
For Sale
Contact for pricing
Pending
1114 S Main Street, Saint Martinville, LA 70582
NNN leased Fred’s Super Dollar with corporate guarantee, featuring landlord responsibility limited to roof, structure, and plumbing.
Property SizeContact for details
Days on Market126
Property Features for 1114 S Main Street
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
10,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(248) 688-0630
Listed By:
Michael Carter · License #MI 6501369793
Source:
Crexi
Added: Apr 10
Changed: Aug 11
Last Checked: Aug 12 at 1:53PM
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
Property Profile
Current Use
Lease Details
10,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Dining 8%
Family Dollar
Shops & Services
2,482 visits/mo
0.1 miles
Home Bank
Shops & Services
1,887 visits/mo
0.4 miles
Napa Auto Parts
Shops & Services
888 visits/mo
0.4 miles
Wingstreet
Dining
449 visits/mo
0.5 miles
Fred's Super Dollar
Shops & Services
161 visits/mo
0.1 miles
Demographics for 70582, LA
19,088
Population
9,122
Households
2.1
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
148.0 sq mi
ZIP Area
129
Density / Sq Mi
$46,690
Median Household Income
$36,265
Median Earnings
$787
Median Rent
$149,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
