310 W Main St - Freestanding FOR SALE


Oak Grove, LA 71263
$1,070,883 USD
503-522-8816
310 W Main St, Oak Grove, LA for Sale
$1,070,883 USD
Freestanding - FOR SALE
1/4
null | 8.5% Cap Rate

310 W Main St
Oak Grove, LA 71263


OVERVIEW

• Attractive 8.5% cap rate for a stabilized deal • 2011 build-to-suit construction for Family Dollar • Family Dollar recently extended their lease, proving their commitment to the location and market • Family Dollar has successfully operated at this location for +15 years • Five, 5-year renewal options remaining; all of which include 10% rent increases • Traffic counts exceed 16,200 vehicles daily at the intersection of Main St & Constitution Ave • Corporate guaranteed lease from Family Dollar

FOR SALE DETAILS

PRICE

$1,070,883 USD

PRICE/SF

$134 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

C-2

APN/PARCEL ID

400456600

ASK ABOUT THIS PROPERTY

Tony FinchThe Syndicate, LLCMore Info
503-522-8816

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Tony FinchThe Syndicate, LLCMore Info
503-522-8816

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