For Auction
$1 Auction - Former Family Dollar | Built 2011 | 11K VPD
Ferriday, LA 71334Represented by
Marcus & Millichap
Asset Snapshot
Offering Summary
Investment Highlights
- ±11,913 VPD Highway Frontage on Hard Corner: US Highway 425 (EE Wallace Blvd) frontage with Signalized corner nearby.
- ±8,330 SF Freestanding Retail Built 2011: Former Family Dollar offers an open floor plan, rear storage room, and delivery door.
- National Retailers Nearby: Circle K, AutoZone, Sonic, KFC, Dollar General, Ace Hardware, and U-Haul anchor surrounding area.
- Gateway Location Near Mississippi Border: Site sits ±12 miles from Natchez, Mississippi, drawing cross-river regional shopper traffic.
- Absolute $1 Auction – NO RESERVE!
For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**Tours will not be allowed after auction.
Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 504 EE Wallace Blvd in Ferriday, Louisiana is a vacant, ±8,330-square-foot freestanding retail building offered at a substantial discount to replacement cost. Constructed in 2011 on a ±0.964-acre hard-corner parcel with 42 surface parking spaces and a single curb cut, the property fronts and is visible from US Highway 425 (EE Wallace Blvd), which carries ±11,913 vehicles per day, plus secondary frontage on Tennessee Avenue. Formerly leased to Family Dollar under a triple-net structure, the 20.5-foot-high building is fully built out with an open sales floor, rear storage room, and side delivery door, and is zoned Commercial District to accommodate a wide range of retail, service, and office uses. CoStar estimates market rents of $10-12 PSF, supporting attractive lease-up or owner-user economics. Ferriday sits on US 84 and US 425 in Concordia Parish, roughly 20 minutes from the Mississippi border and 12 miles from Natchez, MS, within a trade area of ±14,376 residents and ±$56,886 average household income. Nearby national retailers including Dollar General, Ace Hardware, Sonic, KFC, AutoZone, and U-Haul reinforce steady, established commercial demand, positioning the property for owner occupancy, re-tenanting, or long-term value-add repositioning.Due Diligence
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
