Family Dollar | 310 W Main Street, Oak Grove

Retail-Commercial for Sale
Catylist Listing ID: 30478410
Property Subtypes: Free-Standing Building
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $980,000
Unit Price: $122.50 PSF
Property Use Type: Investment
Building Name: Family Dollar
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

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.

Additional Details

Nearest MSA: Monroe
County: West Carroll
Tax ID/APN: 1400456600
Site Description: 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.
Typical SF / Floor: 8,000 SF
Year Built: 2011
Lot Frontage: 100
Lot Depth: 80

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,663 2,553
Median Age: 41.08 40.71
Households: 700 1,065


The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.