Family Dollar for Sale in Ragley, LA

Ragley, LA

RetailGrocery StoreStorefrontDollar StoreNN+Net LeaseFee Simple

Key Investment Metrics

Price

$1,450,000

Cap Rate

8.0%

Net Operating Income

$115,500

Building Size

10500 SF

Land Area

1.94 Acres

Remaining Term

7.5 years

Lease Expiration

01/31/2034

Lease Term

10 years

Lease Commencement

01/17/2024

Lease Type

NN+

Year Built

2024

Occupancy

100%

Tenancy

Single

Family Dollar representative storefront illustrationAI illustration · Not the listed property

Property overview

Family Dollar in Ragley

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
10,500 SF
Land area
1.94 acres
Year built
2024
Lease type
NN+
Lease expiration
01/31/2034

Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.

Before you make an offer

Four things to verify

  1. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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