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    139 Maple St Wisner, LA 71378

    Sponsored
    For Sale
    $975,882

    High-return, net-leased retail investment.

    Property size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a newly expanded 10,500-square-foot Family Dollar/Dollar Tree combination store in Wisner, Louisiana. Located at 139 Maple St, Wisner, LA 71378, this single-story building sits on a 1.076-acre lot. The property boasts a new ten-year lease (commencing August 1, 2023, and expiring July 31, 2033), offering a remaining lease term of approximately 8.7 years. The lease is a double net (NN+) structure with minimal landlord responsibilities, providing a secure and low-maintenance investment. Family Dollar corporate has confirmed this location is not on their recently announced closure list. The store's recent expansion to 10,500 square feet has resulted in a 20% average sales increase compared to traditional single-brand Family Dollar stores. The asking price is $975,882.35, representing an attractive 8.5% capitalization rate and a price per square foot of $92.94. The property is offered fee simple and includes five, five-year lease options. The property's strong tenant (Family Dollar, backed by a corporate guarantee) and favorable lease terms make this a compelling investment opportunity in a stable market. The original building was constructed in 2012 and initially comprised 8,320 square feet. The property is situated in Franklin Parish, approximately 60 miles southeast of Monroe, 75 miles northeast of Alexandria, Louisiana, and 40 miles north of Natchez, Mississippi. The current Net Operating Income (NOI) is $82,950. This property is 100% occupied.

    Property Features for 139 Maple St

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,500 SF
    Lot Size
    46,871 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $975,882.35 asking price, representing an 8.5% cap rate.
    • Newly expanded Family Dollar/Dollar Tree combination store; average sales 20% higher than single‑brand Family Dollar stores.
    • Family Dollar corporate confirms this location is not on the announced closure list.
    • New ten‑year lease.
    • Double net lease with minimal landlord responsibilities.
    • Recently expanded to 10,500 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Restaurant Law Firm Wholesale Shop Auto Repair Shop Auto Parts Store Accounting Firm Storage Facility Shopping Mall Arcade & Gaming Center Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Wisner
    County
    Franklin Parish
    State
    Louisiana
    Longitude
    -91.655075275218
    Latitude
    31.974984182031

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    FAQs

    What type of property is this?
    Individual retail property - High-return, net-leased retail investment.
    Where is this individual retail property located?
    The property is located at 139 Maple St Wisner, LA.
    What is the asking price?
    The asking price for this property is $975,882.
    What are key features of this property?
    This property features: $975,882.35 asking price, representing an 8.5% cap rate.; Newly expanded Family Dollar/Dollar Tree combination store; average sales 20% higher than single-brand Family Dollar stores.; Family Dollar corporate confirms this location is not on the announced closure list.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    139 Maple St Wisner, LA 71378
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