1609 Ames Blvd - Freestanding FOR SALE


Marrero, LA 70072
$1,750,000 USD
561-310-0935
1609 Ames Blvd, Marrero, LA for Sale
$1,750,000 USD
Freestanding - FOR SALE
1/14
null | 7.23% Cap Rate

1609 Ames Blvd
Marrero, LA 70072


HIGHLIGHTS

  • Tenant-funded renovations currently underway!
  • Renewal in 2026 virtually guaranteed
  • 6 lease options, 7.5% bumps on renewal!
  • Lease is guaranteed by Dollar Tree Corp.
  • Dollar Tree has added over 2000 new Family Dollar locations throughout the US since 2023!
  • VERY high performing location!

OVERVIEW

TENANT HAS CONFIRMED RENEWAL AS OF JUNE 2025 Very high performing location, historically strong location. In place since 2014 Renewal in 2026 virtually guaranteed. Six Miles to Downtown New Orleans Traffic Counts over 27,500 Vehicles per Day Large 1.07 Acre Parcel with Concrete Parking Lot More Than 258,247 Residents and a 258,247-Daytime Population Within a Five-Mile Radius Surrounding Retailers in the Immediate Area Include Walmart Supercenter, Lowe’s, McDonald’s O’Reilly Auto Parts, AutoZone Shell, Popeyes, and Many More

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

7.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar BTS | New Orleans Suburb

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

C-1

APN/PARCEL ID

0420002584

ASK ABOUT THIS PROPERTY

Martin GoldsteinThe Goldstein Group (MRG Associates, LLC)More Info
561-310-0935

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Martin GoldsteinThe Goldstein Group (MRG Associates, LLC)More Info
561-310-0935

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