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612 Main St Hackberry, LA 70645

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For Sale
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New 10-year net-leased Family Dollar in Hackberry, Louisiana.

Property size:
10,500 SF

Property Features for 612 Main St

General Information

Standard status
Active
Size
10,500 SF

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Listing Contact
Scott Reid
Source: Crexi

Listing Agency: ParaSell Inc Listing Agent: Scott Reid

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Net-Leased Family Dollar Store

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.
Location Intelligence

Current Use by Public Records

Family Dollar Discount Store

Suggested Use

Restaurant Big Box & Wholesale Store Gym & Fitness Center Hotel & Motel Department Store Food Market Bar & Pub Grocery & Convenience Store Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Hackberry
County
Cameron
State
Louisiana
Longitude
-93.354276
Latitude
29.994711

FAQs

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 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.
More about this property
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