Building Details

Tenancy Single

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

Listed By: Scott Reid · License #10991231395

Source: Crexi

Added: Feb 9 Changed: Aug 10 Last Checked: Aug 12 at 4:54AM

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Investment Insights

Based on property information with market context.

This property offers the opportunity to acquire a new 10-year net-leased Family Dollar store in Hackberry, Louisiana. The investment is supported by a corporate-guaranteed net-net lease, minimizing landlord responsibilities. The property operates with a 9.00% capitalization rate on a current annual rent of $112,875, providing stable, passive income secured by Family Dollar Stores, Inc. The lease agreement includes six 5-year renewal options, each with $0.50/SF rent increases, offering future revenue growth. The Family Dollar property benefits from excellent visibility along Main Street. It is located near Lake Charles, the largest metro area in southwest Louisiana. As the sole national discount retailer within a 14-mile radius, the property's location on the Creole Nature Trail, a primary arterial connecting the Gulf Coast to Lake Charles, ensures consistent exposure to local residents and heavy industrial traffic. The property size is 10500 square feet.

Key Highlights

• High 9.00% capitalization rate on a net‑leased Family Dollar property.
• Corporate‑guaranteed NN lease provides stable, passive income.
• Sole national discount retailer within a 14‑mile radius, ensuring limited competition.

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Grocery & Convenience Store Daycare Center Gym & Fitness Center Pet Store

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

46

Businesses Nearby

3k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 76% Hotels & Casinos 24%

Dollar General Shops & Services

1,942 visits/mo 0.2 miles

MainStay Suites Hackberry Sportsman's Lodge Hotels & Casinos

629 visits/mo 0.1 miles

Demographics for 70645, LA

926

Population

741

Households

1.2

Avg Household Size

45

Median Age

14%

College-Educated

88%

High-School Grad

108.1 sq mi

ZIP Area

9

Density / Sq Mi

$115,054

Median Household Income

$22,266

Median Earnings

$225,000

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - New 10-year net-leased Family Dollar in Hackberry, Louisiana.

Where is this grocery and convenience store located?

The property is located at 612 Main St Hackberry, LA.

What is the asking price?

The asking price for this property is $1,254,167.

What are key features of this property?

This property features: High 9.00% capitalization rate on a net‑leased Family Dollar property.; Corporate‑guaranteed NN lease provides stable, passive income.; Sole national discount retailer within a 14‑mile radius, ensuring limited competition.