Trust Sale | Family Dollar | Absolute Net Lease - Single Tenant
Market Price
1991 West Main Street, Lutcher, LA 70071
79,430
NOI
8,692 sqft
Building Size
Details:
Highlights:
- Fee Simple Single Tenant Acquisition Unencumbered ownership of a freestanding retail asset leased to a national discount retailer.
- Fortune 500 Corporate Credit Tenant Family Dollar operates as a wholly owned subsidiary of Dollar Tree, a Fortune 500 company.
- Necessity-Based Retail Demand Driver Discount retail use focused on essential goods sustains performance across all economic cycles.
- Passive NNN Ownership Structure Single tenant configuration minimizes landlord obligations and reduces ongoing management burden.
- Mississippi River Industrial Trade Area Asset sits within a petrochemical and logistics corridor supporting stable local employment demand.
- Constrained Retail Supply Environment Limited competing retail inventory in the immediate trade area reinforces tenant necessity and value.
Description:
RealINSIGHT Marketplace, in partnership with Marcus & Millichap, is pleased to present 1991 W Main St, Lutcher, Louisiana 70071, a freestanding single tenant retail asset net leased to Family Dollar, a wholly owned subsidiary of Dollar Tree, Inc. The property offers fee simple ownership of a necessity-based retail building occupied by a Fortune 500-backed tenant with a national footprint spanning thousands of locations. The single tenant structure delivers a passive ownership profile with minimal landlord responsibilities and predictable cash flow supported by essential goods demand. Situated along West Main Street — the primary commercial corridor serving Lutcher — the asset benefits from strong daily traffic visibility and convenient regional access via Interstate 10 and Highway 3127, connecting to the Baton Rouge and New Orleans markets. The surrounding trade area is anchored by Mississippi River industrial operations including petrochemical, refining, and logistics employers that sustain consistent household income and essential retail spending. Limited competing retail supply within the immediate area reinforces the tenant's necessity and the location's long-term relevance to the community it serves.
Location
Gallery