Current Use by Public Records
- Retail properties & Spaces
Property Details for 3000 La-10
- Lot size
- 0.47 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a single-tenant, freestanding Family Dollar store located at 3000 LA-10, Jackson, Louisiana, 70748. The property encompasses 7,056 square feet situated on a 0.47-acre lot in East Feliciana Parish. This net-leased investment boasts a compelling 8.01% cap rate, generating a net operating income (NOI) of $35,944, with an asking price of $449,000 ($63.63 per square foot). The property features a strong, e-commerce resilient tenant in Family Dollar, a nationally recognized brand with over 8,000 stores. This asset is part of a larger portfolio but can be purchased individually, making it an ideal acquisition for passive investors seeking a corporate-guaranteed asset in Louisiana. The property's location off Charter St. offers convenient access and visibility. The building is a single structure, with the property's APN being 31-00106500. This represents an attractive low price point and cap rate within the market. This is a turnkey investment opportunity with a proven track record and a strong tenant.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- East Feliciana Parish
- State
- Louisiana
- Longitude
- -91.1978
- Latitude
- 30.8361
