804 Caddo Street, Shreveport, LA, United States 71101
Asking Price: $1,915,283
Net Leased Family Dollar for sale with a 15-year Triple Net Lease. Family Dollar pays all taxes, insurance, and maintenance. Annual rent is $114,917 for years 1-10. Lease includes a 10% increase in annual rent for years 11-12 ($126,409). Lease includes six 5-year options to extend; 10% increase for each option period.
Completion date is July 2015. Family Dollar is a publicly traded company 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.
Andrew Cordaro ( email ) • Coldwell Banker
Phone: 318-455-3661 (M); 318-861-2461 (O)