Family Dollar Investment
For Sale
Contact for pricing
Pending
377 Main St, Marion, LA 71260
Family Dollar property in Marion, LA with corporate guarantee.
Property Size10,500 SF
Days on Market184
Property Features for 377 Main St
General Information
Standard status
Pending
Size
10,500 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$113,085
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #9009637
Source:
Crexi
Added: Feb 9
Changed: Aug 11
Last Checked: Aug 11 at 6:24PM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a Family Dollar property in Marion, Louisiana. The property is secured by a lease with a corporate guarantee. The investment offers a 9% capitalization rate. The tenant is investment-grade. The lease structure minimizes landlord responsibilities and provides six 5-year renewal options with $0.50/SF rent increases. The property is located along Main Street (Highway 33), serving as the primary retail destination for the community, and benefits from visibility and direct access on the town’s central thoroughfare. The property is situated in the commercial core of Marion, adjacent to Marion State Bank and across the street from the town hall, capturing daily traffic from the area’s key civic and commercial drivers. The property size is 10500 square feet.
Key Highlights
- High 9% Capitalization Rate offers a strong return on investment.
- Investment‑Grade Tenant with Corporate Guarantee ensures financial stability.
- Strategic Location on Main Street (Highway 33) provides excellent visibility and access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,175 visits/mo
0.4 miles
Family Dollar
Shops & Services
2,527 visits/mo
0.1 miles
Demographics for 71260, LA
2,653
Population
1,666
Households
1.6
Avg Household Size
46
Median Age
19%
College-Educated
85%
High-School Grad
287.6 sq mi
ZIP Area
9
Density / Sq Mi
$32,386
Median Household Income
$30,809
Median Earnings
$543
Median Rent
$80,900
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?
Grocery and convenience store - Family Dollar property in Marion, LA with corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 377 Main St Marion, LA.
What is the asking price?
The asking price for this property is $1,256,500.
What are key features of this property?
This property features: High 9% Capitalization Rate offers a strong return on investment.; Investment‑Grade Tenant with Corporate Guarantee ensures financial stability.; Strategic Location on Main Street (Highway 33) provides excellent visibility and access.
