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Dollar Tree 1719 Pitkin Rd

10,500 SF Retail Building Leesville, LA 71446 $2,082,232 CAD ($198 CAD/SF) 8.50% Cap Rate

Investment Highlights

  • Brand new 2024 construction leased to Dollar Tree
  • Five, 5-year options to renew with $0.50 per square foot increases each
  • New 10-year double net lease expires 8/31/2034
  • Property can also be purchased with a Family Dollar Tree in Wisner, Louisiana and Ragley, Louisiana

Executive Summary

Brand new, 2024 construction leased to Dollar Tree on a new 10-year lease which expires August 31, 2034.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,500 SF
Building Class
B
Year Built
2024
Price
$2,082,232 CAD
Price Per SF
$198 CAD
Cap Rate
8.50%
NOI
$176,990 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
4.00 AC
Zoning
COM

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 040-558-0634
  • 040-561-3760C
Land Assessment
$3,496 CAD
Improvements Assessment
$165,361 CAD
Total Assessment
$168,857 CAD
  • Listing ID: 31536466

  • Date on Market: 2024-04-17

  • Last Updated:

  • Address: 1719 Pitkin Rd, Leesville, LA 71446

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