Listing Agency: ParaSell Inc s***@parasellinc.com Show Phone

Listed By: Scott Reid · License #C32060

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:42PM

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Investment Insights

Based on property information with market context.

This retail property contains 8,320 square feet within a building situated on a 1.18-acre site. Family Dollar currently occupies the premises and continues to pay rent through the end of its lease term, after which the property is expected to become vacant.

The property is located at 60 W 4th St in the downtown area of Bernice, Louisiana. Meadow Lake Golf & Country Club is a short drive from the site, adding a nearby recreational destination to the surrounding context.

Key Highlights

• 8,320‑square‑foot retail building
• Situated on a 1.18‑acre lot
• Family Dollar lease continues through the end of its term

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Explore this area Business Placement

Demographics for 71222, LA

3,050

Population

1,500

Households

2

Avg Household Size

44

Median Age

12%

College-Educated

87%

High-School Grad

143.1 sq mi

ZIP Area

21

Density / Sq Mi

$33,399

Median Household Income

$28,191

Median Earnings

$645

Median Rent

$102,700

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail building with an upcoming vacancy following the current tenant’s lease term.

Where is this retail space located?

The property is located at 60 W 4th St Bernice, LA.

What are key features of this property?

This property features: 8,320‑square‑foot retail building; Situated on a 1.18‑acre lot; Family Dollar lease continues through the end of its term