Dollar Tree | Family Dollar
Single-Tenant Offerings
Dollar Tree | Family Dollar
3859 Elm St.
Choudrant (Monroe MSA), LA
- Price:
- $1,741,000
- Cap Rate:
- 7.75%
- NOI:
- $134,925
- Rentable SQFT:
- 10,531 SF
- Year Built:
- 2024
- Lot Size:
- 1.9 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- New 10-Year Corporate Lease, Minimal Landlord Responsibilities
- Family Dollar Tree Combo Stores are Delivering 20% Higher Sales than Non Co-Branded Stores
- Investment Grade Credit Tenant (Rated BBB by S&P)
- Second Largest Discount Retailer in the U.S., 16,000+ Stores and $28.3 Billion in Revenue
- Rental Increases Every 5 Years Beginning in Each Option Period
- Brand New Construction on an Oversized Parcel, Transferable 20-Year Roof Warranty
- Serving 48,000 Residents in Lincoln Parish, Centrally Located Between Monroe and Ruston
- Strong Average Household Incomes Exceed $78,000 in Primary Trade Area
- Just Off I-20 with 15,929 Cars/Day, a Major East/West Artery with Direct Access to Dallas and Atlanta
- Strong Daytime Population, Over 7,000 Employees Nearby
- Close Proximity to Louisiana Tech University (12,400 Students), Grambling State University (4,800 Students), and Louisiana Delta Community College (3,800 Students)
- Minutes to the New $47 Million Ruston Sports Complex on 185 Acres with Approximately 400,000 Visitors Annually
- North of Kisatchie National Forest with 2+ Million Visitors Annually
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