Net-Leased Family Dollar
5100 Highway 56, Chauvin, LA 70344
Net-leased Family Dollar in Chauvin, Louisiana, corporate guaranteed.
Type:Retail
Property size:
8,100 SFPrice / SF:
$70/SF- Added:
- Nov 21, 2025
- Days on Market:
- 179
- Last Refresh:
- Apr 5 at 8:15 pm
Property Features for 5100 Highway 56
General Information
- Standard status
- Active
- Size
- 8,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1997
Listing agent Harry Bell Jr. License #FL #BK3026917 (850) 977-6991
Listing office Bellcore Commercial LLC (850) 977-6991
Listing date Nov 21, 2025
Source Bellcorecommercial
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 Bellcore Commercial LLC
HighLights
- Corporate guaranteed Family Dollar with a 7.5% cap rate.
- Located in Chauvin, Louisiana next to USPS, Capital One Bank, and Coastal Commerce Bank.
- Double‑net lease structure with tenant reimbursing for tax and insurance over the base year.
- Tenant has 2 x 5‑year renewal options remaining with 5% rent increases per option.
- Family Dollar has been at this location since the building was built in 1997.
- Part of a portfolio of Family Dollar Stores and can be purchased separately.
Overview
The subject property is a net-leased, corporate-guaranteed Family Dollar store located in Chauvin, Louisiana. The 8,100-square-foot building has been occupied by Family Dollar since its construction in 1997. Situated on approximately 0.95 acres, the property is located next to USPS, Capital One Bank, and Coastal Commerce Bank. The lease auto-renewed in December 2018 and has approximately 2 years remaining. The tenant has two 5-year renewal options remaining, each with a 5% rent increase. The property is double-net, with the landlord responsible for the roof, structure, CAM, exterior, and electrical/plumbing, including major repairs/replacement and HVAC repairs exceeding $500. The tenant reimburses for tax and insurance over the base year. Based on provided expenses, the Landlord spent $1760 on CAM, $0 on Maintenance. Offered at a 7.5% cap rate, this property presents an opportunity for a passive investor seeking a credit-rated, corporate-backed asset in Louisiana. The asset is available as part of a portfolio of Family Dollar Stores or for individual purchase. Chauvin, Louisiana, part of the Houma-Bayou Cane-Thibodaux metropolitan statistical area, has a population of 2,837 residents. The town is characterized by Bayou Petit Calliou and the wetlands surrounding the town are abundant with fish, shrimp, and a variety of species of birds. Industries relating to offshore oil and gas production are important to the local economy. The property benefits from an attractive low price point and cap rate and a strong credit tenant.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Bayouside Florist & Gifts — 5228 LA-56, Chauvin, LA 70344
Location Insight
- Map
- Local Demand
- City
- Chauvin
- County
- Terrebonne
- State
- Louisiana
- Longitude
- -90.5879
- Latitude
- 29.4734
FAQs
What type of property is this?
Storefront property - Net-leased Family Dollar in Chauvin, Louisiana, corporate guaranteed.
Where is this storefront property located?
The property is located at 5100 Highway 56 Chauvin, LA.
What is the asking price?
The asking price for this property is $567,650.
What are key features of this property?
This property features: Corporate guaranteed Family Dollar with a **7.5% cap rate**.; Located in Chauvin, Louisiana next to USPS, Capital One Bank, and Coastal Commerce Bank.; Double‑net lease structure with tenant reimbursing for tax and insurance over the base year.
