Dark Family Dollar

• Premium Cap Rate & Immediate Upside: Offered at a highly attractive 10% capitalization rate based on the current income, with an accessible asking price of $1,058,190.
• Upcoming Rent Bump (November 2026): While the current rent is $105,819, the lease features a scheduled CPI-based rent increase (capped at 6%) arriving this November.
• Guaranteed Corporate Cash Flow: Family Dollar has vacated the premises but remains fully obligated to pay the rent for the remaining three years of the initial lease term.
• Corporate Guarantee: The lease is fully backed by a corporate guarantee from Family Dollar Stores, Inc., ensuring maximum financial security and rent continuity despite the store being dark.
• Absolute NNN Lease: The property operates under an absolute triple-net lease, meaning the tenant remains responsible for all taxes, insurance, and maintenance without any landlord responsibilities, set-offs, or deductions.
• Strategic Frontage: Located at 30030 Walker Rd North, Walker, LA 70785, the site sits on a primary local thoroughfare, offering excellent visibility and accessibility for future retail or commercial users.
• Flexible Repositioning Potential: The existing discount-retail footprint and clear-span box layout make this an ideal, move-in-ready retrofit opportunity for auto parts retailers, local medical clinics, or regional hardware stores.
• Commercial/Industrial Clearances: Environmental Phase I testing previously cleared the site’s soils specifically for continued commercial/industrial use, making it a prime target for retail redevelopment rather than residential zoning.
• Zero Operations Risk: Investors can enjoy a completely passive, hands-off income stream while finalizing long-term redevelopment plans for the site.