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310 W Main St
Oak Grove, LA 71263

$1,070,882 USD

Freestanding For Sale  •  8,000 SF

Property Details

• Property Type Freestanding
• Total Building Size 8,000 SF
• Lot Size 1.42 AC
• Building Class C
• Year Built 2011
• Cap Rate 8.50 %
• Tenancy Single
• Zoning C-2

0 Transit Score

55 Walk Score

Highlights

Attractive 8.25% cap rate for a stabilized deal

2011 build-to-suit construction for Family Dollar

Family Dollar recently extended their lease, proving their commitment to the location and market

Family Dollar has successfully operated at this location for +15 years

Five, 5-year renewal options remaining; all of which include 10% rent increases

Traffic counts exceed 16,200 vehicles daily at the intersection of Main St & Constitution Ave

Property Flyers

Family-Dollar-Oak-Grove-LA-OM-2

Cap Rate:

8.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Family Dollar