377 Main St - Freestanding FOR SALE


Marion, LA 71260
$1,256,500 USD
925-348-1844
377 Main St, Marion, LA for Sale
$1,256,500 USD
Freestanding - FOR SALE
1/1
null | 9% Cap Rate

377 Main St
Marion, LA 71260


HIGHLIGHTS

  • Net Leased Offering
  • Minimal Landlord Obligations
  • Scheduled Increases in Rent
  • Corporate Guarantee
  • Excellent Location along Main Street (Highway 33)

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,256,500 USD

PRICE/SF

$120 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Net Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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