Rare NNN Lease | Net Lease Investment Opportunity | 7.85% Cap Rate

Highlights:

• Rare ABSOLUTE NNN lease has 5.75 years remaining in the initial term with a blended average cap rate of 7.85% with 6 five-year renewal options
• Placer.ai ranks store sales in the Top 27% national wide with a year over year increase in sales of 3.5%
• Busy corner location with an upgraded façade on a 1+ acre parcel
• Located just off Interstat-20 and near the Shreveport Regional Airport with combined traffic counts of over 65K VPD
• Nearby traffic generators include major hotels and retailers with other area employers including Barksdale AFB, Ochsner/ LSU Health System, major universities and large gaming venues
• Shreveport is the 3rd largest city in LA with a 5-mile population of over 91,000 and average household income just under $60K
• Strong corporate guarantor, Family Dollar, a subsidiary of Dollar Tree with a BBB- investment grade rating

Description:

This rare, absolute NNN Family Dollar in Shreveport, the 3rd largest city in Louisiana, is located just off busy Interstate 20, and near the Shreveport Regional Airport, with combined traffic counts of over 65,000 VPD. It is surrounded by major hotel chains including Best Western, Days Inn, Residence Inn, Economy Inn, and Super 8.

This store rocks! Placer.ai shows this established store to be in the top 27% of store sales nationally with year over year sales growth of 3.5%. The ±8,320 SF store on a ±1 acre corner features an attractive upgraded stucco façade. In April of 2026, there will be a 10% rent increase in April 2026 (11th year of the lease term). There are nearly 6 years remaining on the initial term. The blended cap rate for the remaining term of over 7.85% with 6 five-year options remaining with current rent/SF at only $13.98!

Shreveport, located in NW Louisiana is known as a center of culture, commerce, and entertainment. It is home to Barksdale Air Force Base, the largest employer in the Shreveport-Bossier City MSA, along with other large employers including LSU Shreveport, Louisiana Tech, Southern University, Centenary College, and many national and regional casinos. The five-mile population is over 91,000 and average household income is almost $60K.

This successful location has a strong corporate guaranty by Family Dollar, a subsidiary of Dollar Tree with over 16,000 locations throughout the US.

This property is located in Shreveport, LA which falls within Caddo County.

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