Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 12884 Highway 10 in Pitkin, Louisiana 70656 (the “Property”). Formerly occupied by Family Dollar/Dollar Tree, the Property is being offered significantly below replacement cost presenting an excellent opportunity for owner/users or investors to acquire a highly visible commercial asset with direct highway frontage at a substantial discount. FIRST BID MEETS RESERVE!
Built in 2022, the Property consists of a one-story, free-standing retail building totaling ±10,675 gross square feet, situated on a ±1.102-acre parcel (±48,002 SF) with 28 surface parking spaces. The site offers excellent accessibility via a dedicated curb cut and features ±200 feet of prime frontage along Highway 10, with ±3,386 vehicles per day (VPD), and additional frontage along Railroad Street. Previously operated under a triple net (NNN) lease by Family Dollar/Dollar Tree, the Property offers a compelling value-add opportunity to re-lease or reposition at long-term market rates (CoStar estimated retail rents $6-8/SF NNN). The Property and surrounding areas are not subject to any zoning ordinances, offering rare flexibility for re-use or alternative commercial uses.
The Property is located in Pitkin, Louisiana, a small rural community in eastern Vernon Parish, within the Fort Polk South MSA—home to Fort Johnson (formerly Fort Polk), one of the nation’s largest military installations and economic anchors. Located approximately 40 minutes west of Pitkin, Fort Johnson and the Joint Readiness Training Center (JRTC) collectively support ±30,000 military personnel, civilians, and family members, driving demand for housing, retail, and essential services throughout the parish. Pitkin is strategically positioned along Louisiana Highway 10, one of the region’s primary east-west corridors connecting Oakdale (±21-mi east) and Leesville (±30-mi west) with the broader Fort Johnson and DeRidder markets. This key corridor supports steady daily traffic from both local residents and through-travelers. The Property is located adjacent to Dollar General and the surrounding area includes a mix of schools, fuel stations, and neighborhood-scale service providers—reinforcing the viability of retail and essential-use tenants. With minimal zoning restrictions, favorable land use flexibility, and access to regional infrastructure, the Property is well-positioned in an underserved corridor with more than 4,250 residents within a 10-mile radius and an average household income (AHHI) approaching $90,000—making it a strong candidate for re-leasing, adaptive reuse, or long-term investment.