Building Details

Tenancy Single

Listing Agency: Trinity Real Estate Investment Services c***@trinityreis.com Show Phone

Listed By: Cody Crist · License #TX 697980

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:44AM

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Investment Insights

Based on property information with market context.

This newly developed retail property is configured for combined Dollar Tree and Family Dollar operations. The asset is located at 1559 3rd St in Gibsland, Louisiana, with projected rent commencement in November 2023.

The offering reflects a 7.15% CAP investment opportunity involving two established retail brands at one location.

Key Highlights

• Newly developed property configured for Dollar Tree and Family Dollar operations
• 7.15% CAP investment offering
• Projected rent commencement in November 2023

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store Hunt Brothers Pizza Restaurant Fastpak Foods Grocery & Convenience Store

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Carpet & Flooring Store Barber Shop Daycare Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

55

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 71028, LA

1,351

Population

821

Households

1.6

Avg Household Size

47

Median Age

12%

College-Educated

91%

High-School Grad

126.8 sq mi

ZIP Area

11

Density / Sq Mi

$35,240

Median Household Income

$19,107

Median Earnings

$550

Median Rent

$92,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - The property combines Dollar Tree and Family Dollar retail operations, with projected rent commencement in November 2023.

Where is this grocery and convenience store located?

The property is located at 1559 3rd St Gibsland, LA.

What are key features of this property?

This property features: Newly developed property configured for Dollar Tree and Family Dollar operations; 7.15% CAP investment offering; Projected rent commencement in November 2023