Family Dollar Netleased Investment

Investment Overview

Excellent netleased investment opportunity to purchase the single-tenant, freestanding Family Dollar located in Jackson, Louisiana. The 7,056 SF freestanding building is situated on approximately .47 acres off of Charter St. Family Dollar has +/- 2.5 years remaining on the lease term with two 5 -year renewal options. The property is double-net with the landlord responsible for the roof, structure, CAM, exterior, and electrical/plumbing. The landlord is responsible for major repairs/replacement and HVAC repairs greater than $500. The Tenant reimburses for the tax and insurance over the base year. The property is being offered at an attractive 8% cap rate and is an ideal opportunity for a passive investor looking for a corporate guaranteed asset in the state of Louisiana. The asset is being sold as part of a portfolio of Family Dollar stores or can be purchased separately.

Investment Highlights

• Attractive Low Price Point and Cap Rate
• Strong credit tenant; E-Commerce resilient tenant
• Over 8,000 Family Dollar Stores