12905 La-28 Deville, LA 71328
- Retail properties
- 9,180 SF
- 1.14 lot acres
Current Use by Public Records
- Retail properties
Property Details for 12905 La-28
- Year built
- 2020
- Lot size
- 1.14 lot acres
- Property size
- 9,180 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 9,180-square-foot retail building situated on a 1.14-acre lot in Deville, Louisiana. The property, built in 2020, boasts a single-story structure with 21 parking spaces, ideally located at the signaled intersection of LA Highways 28 and 1015. Currently vacant, the building was previously occupied by a Family Dollar store under a corporate-guaranteed Absolute NNN lease, expiring June 22, 2030. The lease commenced September 30, 2020, with a remaining term of approximately 5.6 years. The asking price is $960,000, translating to $104.58 per square foot. The property is zoned for rural use and benefits from its strategic location within the Alexandria Metropolitan Area (population 153,000), serving the communities of Deville, Holloway, and Buckeye. While the previous tenant, Family Dollar, has vacated the premises and removed its signage, the strong location and remaining lease term offer significant potential for future income generation or redevelopment. The property's convenient access from LA Highways 28 and 1015 makes it highly visible and easily accessible to a substantial customer base. This is a rare opportunity to acquire a well-located retail property in a growing market. The property is offered for sale by owner.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Deville
- County
- Rapides Parish
- State
- Louisiana
- Longitude
- -92.23
- Latitude
- 31.391
