Search
Family Dollar NNN Property
For Sale
Contact for pricing

5872 Jonesboro Rd., West Monroe, LA 71292

A 2016-built property backed by an absolute NNN lease and a corporate guarantee.

Property SizeContact for details
Days on Market145

Property Features for 5872 Jonesboro Rd.

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2016
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 8:14AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

Located at 5872 Jonesboro Rd. in West Monroe, Louisiana, this Family Dollar property was constructed in 2016 and is supported by a 15-year absolute NNN lease. The agreement provides for a 10% increase in Year 11 and additional increases every 5 years thereafter.

The lease includes a corporate guarantee from the discount variety store operator, which carries a BB+ credit rating from S&P. The property is positioned near the University of Louisiana Monroe, serving 8,517 students and supported by 1,200 employees. Downtown Monroe is 8 miles away.

Key Highlights

  • 15‑year absolute NNN lease
  • 10% rent increase in Year 11, with further increases every 5 years thereafter
  • 2016 construction

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Discount Store Arcade & Gaming Center

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

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
8,390 visits/mo 0.1 miles
Family Dollar Shops & Services
5,062 visits/mo 0.0 miles

Demographics for 71292, LA

22,774
Population
10,257
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
153.7 sq mi
ZIP Area
148
Density / Sq Mi
$51,317
Median Household Income
$40,879
Median Earnings
$885
Median Rent
$119,700
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
Rey
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 - A 2016-built property backed by an absolute NNN lease and a corporate guarantee.
Where is this nnn property located?
The property is located at 5872 Jonesboro Rd. West Monroe, LA.
What are key features of this property?
This property features: 15‑year absolute NNN lease; 10% rent increase in Year 11, with further increases every 5 years thereafter; 2016 construction
(858) 373-3100 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message