Net Leased Family Dollar for sale with a 15 Year Triple Net Lease. Family Dollar pays all Taxes, Insurance, and Maintenance. Annual rent is $106,083. Annual rent increases the lesser of 2% or CPI per year, adjusted every 3 years. Lease includes 4 – 5 year options to extend, annual rent continues to increase the lesser of 2% or CPI per year, adjusted every 3 years. Completion date is May 2015. Pictures are taken of the Family Dollar located at 3309 West Bert Kouns Shreveport, LA, actual building elevations will be similar. Please see the attached site plans. Please contact agent with questions or for additional information. Family Dollar is a publicly traded company (FDO) and is ranked #271 in the Fortune 500. Family Dollar operates over 8,000 stores in 46 states across the country. Family Dollar’s sales exceeded 10 Billion in 2013, with 525 new stores scheduled to open in 2014.
Total of 9.0 acres (+/-) Heavy Industrial Zoning, 3 Phase Electric, natural gas, great light industrial facility located on 9.0 plus acres.Two Parcels are included - 2700 McDonald Ave has 3.0 acs and the vacant land also on McDonald Ave has 6.0 acs (plus or minus). 5400 SF. Great location, priced below appraisal. Includes 3 portable buildings. Directions: From I-20 westbound take Exit 86 Farmerville Rd., left on Georgia Ave (Hwy 80), right on Santiam, right on McDonald Ave., property is on the left.