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3845 Elm St
Choudrant, LA 71227

$1,686,563 USD

Fast Food For Sale  •  10,531 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 10,531 SF
  • Lot Size 4.24 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
23 Walk Score

Highlights

Brand new 2024 construction for Family Dollar
8.75 years remaining corporate lease with minimal landlord responsibilities
Tenant is responsible for HVAC, CAM, taxes, and insurance
5-Mile population of 85,772 residents
Average household income of $73,996 annually
Traffic counts on I-20 exceed ±40,700 vehicles daily
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Subway

Public Transportation

AirportDriveWalkDistance
Monroe Regional 35 min - 29.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services