11787 Highway 190 W - Freestanding FOR SALE


Merryville, LA 70653
$125,000 USD
305-206-1286
11787 Highway 190 W, Merryville, LA for Sale
$125,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

11787 Highway 190 W
Merryville, LA 70653


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Family Dollar & Dollar Tree | 2022 Built | Hard Corner | AUCTION SEPTEMBER 23-25
  • 10,566 SF Freestanding Value-Add Retail on 1.1 Acres Available at Substantial Discount Below Replacement Cost
  • Built in 2022; Former Family Dollar & Dollar Tree Combo Store with Open Floor, Rear Storage Room, and Side Door for Deliveries
  • Surrounding Traffic Generators: Dollar General, Shell, Sabine State Bank, and more
  • 4,898 VPD Traffic Counts at Hard Corner with Highway Frontage on Ronald Reagan Highway and LA-Hwy 389
  • Zoned Commercial District with a Variety of Uses

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$125,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale | Former Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.13 AC

LAND SF

136,128 SF

ZONING

-

APN/PARCEL ID

0220002500A

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.