Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 11787 Highway 190 W in Merryville, Louisiana 70653 (the “Property”). Formerly occupied by Family Dollar/Dollar Tree, the Property is offered significantly below replacement cost, presenting an excellent opportunity for owner/users or investors to acquire a highly visible commercial asset at a substantial discount.. FIRST BID MEETS RESERVE!
Built in 2022, the Property consists of a one-story, free-standing retail building totaling ±10,566 gross square feet, situated on a ±1.1075-acre parcel (±48,242 SF) with 30 surface parking spaces. The site offers excellent accessibility via dual curb cuts and boasts ±225 feet of prime frontage along Ronald Reagan Highway (U.S. Route 190), with ±3,827 vehicles per day (VPD). The site also benefits from dual frontage, including ±210 feet along Center Avenue/LA-389 with an additional ±1,071 VPD. Previously operated under a triple net (NNN) lease by Family Dollar/Dollar Tree, the Property presents a compelling value-add opportunity for repositioning and lease-up at long-term market rates (CoStar estimated asking retail rent of $9.00/SF/year). Zoned “Commercial District,” the Property offers flexible entitlements that accommodate a variety of retail and commercial uses, enhancing its long-term usability and investment potential.
The Property is located in Merryville, Louisiana, a community in western Beauregard Parish positioned along U.S. Hwy 190—one of the region’s main east-west corridors connecting DeRidder (±20-mi east) to Jasper, TX (±35-mi west) and the broader Southeast Texas market including Beaumont, TX (±75-minutes). This strategic highway frontage offers direct access, dual curb cuts, and steady daily traffic, supporting both local residents and through-travelers. The surrounding corridor is home to schools, fuel stations, and national retailers such as Dollar General, reinforcing the viability of retail and service-oriented tenants. With minimal zoning restrictions, favorable land use flexibility, and access to key regional destinations, the Property is well-positioned for re-leasing or value-add repositioning within an underserved trade area. Merryville draws from an expanded 10-mile trade area with over 4,000 residents and an average household income of nearly $74,000. With an extended trade area underserved by national retail, the Property is well-positioned for redevelopment or re-leasing to a variety of retail, service, or essential use tenants.