Family Dollar NNN
For Sale
Contact for pricing
1714 E Madison Ave, Bastrop, LA 71220
Freestanding retail asset occupied under a recently renewed triple-net lease with additional extension options.
Property SizeContact for details
Days on Market144
Property Features for 1714 E Madison Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Tri State Properties LLC
Listed By:
Bill Roark · License #LA 0099563782
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:39AM
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 Tri State Properties LLC
Investment Insights
Based on property information with market context.
The property is a 9,000-square-foot Family Dollar retail building completed in 2003 at 1714 E Madison Ave in Bastrop, Louisiana. Its current lease term began January 1, 2024, and runs through December 31, 2028.
The triple-net lease provides for tenant responsibility for property taxes, insurance, and the first $1,200 of annual repairs. Four additional option periods remain, with a 10% rent increase scheduled during each option period. The lease also includes a 3% sales-based override when annual sales reach the stated threshold.
The triple-net lease provides for tenant responsibility for property taxes, insurance, and the first $1,200 of annual repairs. Four additional option periods remain, with a 10% rent increase scheduled during each option period. The lease also includes a 3% sales-based override when annual sales reach the stated threshold.
Key Highlights
- 9,000 SF Family Dollar retail building completed in 2003
- Lease term runs from January 1, 2024, through December 31, 2028
- Four additional option periods remain
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,955 visits/mo
0.5 miles
Citgo
Shops & Services
2,515 visits/mo
0.3 miles
Demographics for 71220, LA
21,154
Population
9,425
Households
2.2
Avg Household Size
41
Median Age
11%
College-Educated
84%
High-School Grad
373.6 sq mi
ZIP Area
57
Density / Sq Mi
$36,186
Median Household Income
$27,890
Median Earnings
$819
Median Rent
$100,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail asset occupied under a recently renewed triple-net lease with additional extension options.
Where is this nnn property located?
The property is located at 1714 E Madison Ave Bastrop, LA.
What are key features of this property?
This property features: 9,000 SF Family Dollar retail building completed in 2003; Lease term runs from January 1, 2024, through December 31, 2028; Four additional option periods remain
