Family Dollar NNN Property For Sale — Shreveport, LA
4923 Monkhouse Dr, Shreveport, LA 71109
This Family Dollar property presents an exceptional investment opportunity with an attractive 8% cap rate. The upgraded store, strategically located near Interstate 20 and Shreveport Regional Airport, boasts high traffic counts exceeding 54,000 VPD. This location ranks in the top 30% nationwide for store sales among Family Dollar stores, demonstrating consistent 3.5% year-over-year sales growth. The surrounding area benefits from major hotel chains and proximity to Barksdale Air Force Base, a significant employer in the Shreveport-Bossier City MSA, along with several universities and national retailers. The property serves a five-mile population of nearly 90,000 with an average household income over $65,000. This rare absolute NNN lease offers over 4 years remaining on the initial term, w…
- Address: 4923 Monkhouse Dr, Shreveport, LA 71109
- Asking price $1.59M
- 8.00% cap rate
- NOI $127,600
- 4 years remaining
- NNN lease
- Year built: 2016
- Building size: 8,320 SF
- Lot size: 1.12 acres
- Rent increases: 10% rent increases in each option period
- Guarantor: Corporate
Location
This Family Dollar property is at 4923 Monkhouse Dr in Shreveport, Louisiana.
Asset type: Retail - Freestanding