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FAMILY DOLLAR TREE 3845 Elm St

1,389 SF Retail Building Choudrant, LA 71227 $2,436,246 CAD ($1,754 CAD/SF) 7.85% Cap Rate

Retail Space Louisiana Choudrant 3845 Elm St, Choudrant, LA 71227

Investment Highlights

  • Brand new 2024 construction for Family Dollar Tree
  • Tenant is responsible for HVAC, CAM, taxes, and insurance
  • Average household income of $73,996 annually
  • 10-year corporate lease with minimal landlord responsibilities
  • 5-Mile population of 85,772 residents
  • Traffic counts on I-20 exceed ±40,700 vehicles daily

Executive Summary

Broker of Record
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,389 SF
Building Class
C
Year Built
2024
Price
$2,436,246 CAD
Price Per SF
$1,754 CAD
Cap Rate
7.85%
NOI
$191,245 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Land Acres
4.24 AC

Links

1 of 1

PROPERTY TAXES

Parcel Number 18821 Improvements Assessment $83,443 CAD
Land Assessment $2,787 CAD Total Assessment $86,230 CAD

PROPERTY TAXES

Parcel Number
18821
Land Assessment
$2,787 CAD
Improvements Assessment
$83,443 CAD
Total Assessment
$86,230 CAD
(214) 692-2289

  • Listing ID: 33586530

  • Date on Market: 2024-10-21

  • Last Updated:

  • Address: 3845 Elm St, Choudrant, LA 71227

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FAMILY DOLLAR TREE | 3845 Elm St
(214) 692-2289 x

FAMILY DOLLAR TREE | 3845 Elm St

Josh Bishop

(214) 692-2289

(214) 692-2289

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