This is a prime opportunity to acquire a Family Dollar property in Marion, Louisiana, secured by a lease with a corporate guarantee. The investment offers a 9% capitalization rate and is backed by an investment-grade tenant, ensuring robust financial stability. The lease structure minimizes landlord responsibilities, while providing six 5-year renewal options with $0.50/SF rent increases, creating a reliable, escalating income stream over the holding period.
Strategically positioned along Main Street (Highway 33), this location serves as the primary retail destination for the community, benefiting from excellent visibility and direct access on the town’s central thoroughfare. The property sits in the commercial core of Marion, adjacent to Marion State Bank and just across the street from the town hall, capturing daily traffic from the area’s key civic and commercial drivers.