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    OFF-MARKET
    Retail properties & Spaces

    377 Main Street, Marion, LA 71260

    Property ID
    No photo on file
    Map unavailable
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a newly constructed, dual-branded Family Dollar and Dollar Tree store located at 377 Main Street, Marion, Louisiana, 71260. The property boasts a total building size of 10,500 square feet and operates under a 10-year net lease, minimizing landlord responsibilities. This is a brand new hybrid store concept, offering the combined merchandise of both Family Dollar and Dollar Tree, maximizing retail potential. The lease agreement includes a corporate guarantee, providing financial security for the investor. The building enjoys excellent visibility due to its strategic location on Main Street. The property is situated in Marion, a town within Union Parish, Louisiana, part of the Monroe Metropolitan Statistical Area. This investment is categorized as a net-lease, investment NNN property, and represents a strong addition to any diversified portfolio. The property consists of two units, operating as a single, combined retail space. This turnkey investment offers a compelling opportunity for passive income generation with minimal management requirements. The property's new construction and strong tenant ensure long-term stability and potential for appreciation. The minimal landlord obligations further enhance the attractiveness of this investment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Family Dollar Discount Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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