Family Dollar
Listing was updated on: 10/16/2019
Property Overview
| Price/Rent PSF | $ 980,000.00 |
| Asset Type | Retail |
| Trade Type | Sale |
| SQ. FT. Available | 8,000 |
| Date Available | 10/16/2019 |
| Additional URL | Link |
| Additional parameters | Show |
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Description
Location
The subject is a double corner site that fronts on the north side of Main Street (LA Highway 2), and has access from two side streets, Purvis Street and Castleman Street. Oak Grove is in northeast Louisiana northeast of Monroe.
Sale
The subject is a free-standing Family Dollar store in Oak Grove, Louisiana. Family Dollar is in the eighth year of an initial 10 year term lease. There are six (6), five (5) year renewal options with a rent increase of 10% at each renewal. Store sales have been good and consistent.
Location