For Sale
$1,413,563

377 Main Street Marion, LA 71260

Prime retail investment in Marion, LA.

Overview

Added:
Jan 27
Days on market:
87
This exceptional investment opportunity presents a newly constructed, dual-branded Family Dollar and Dollar Tree store located at 377 Main Street, Marion, Louisiana, 71260. The property boasts a total building size of 10,500 square feet and operates under a 10-year net lease, minimizing landlord responsibilities. This is a brand new hybrid store concept, offering the combined merchandise of both Family Dollar and Dollar Tree, maximizing retail potential. The lease agreement includes a corporate guarantee, providing financial security for the investor. The building enjoys excellent visibility due to its strategic location on Main Street. The property is situated in Marion, a town within Union Parish, Louisiana, part of the Monroe Metropolitan Statistical Area. This investment is categorized as a net-lease, investment NNN property, and represents a strong addition to any diversified portfolio. The property consists of two units, operating as a single, combined retail space. This turnkey investment offers a compelling opportunity for passive income generation with minimal management requirements. The property's new construction and strong tenant ensure long-term stability and potential for appreciation. The minimal landlord obligations further enhance the attractiveness of this investment.

Highlights

  • 10,500 square foot dual-branded Family Dollar/Dollar Tree store in Marion, LA.
  • New 10-year net lease with minimal landlord responsibilities.
  • Excellent visibility on Main Street in a strong retail location.

Property Details for 377 Main Street

Property type
Retail properties, Investment properties
Investment Type
net-lease
Square Feet
10,500 SF
Price / Square Foot
$134.63
Buildings
1
Stories
1
Elevators
N/A
Units
2

Location Insight

City
Marion
County
State
Louisiana

FAQs

What type of property is this?
Retail property - Prime retail investment in Marion, LA.
Where is the retail property located?
The property is located at 377 Main Street Marion, LA.
What is the asking price?
The asking price for this property is $1,413,563.
What are key features of this property?
This property features: 10,500 square foot dual-branded Family Dollar/Dollar Tree store in Marion, LA.; New 10-year net lease with minimal landlord responsibilities.; Excellent visibility on Main Street in a strong retail location.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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377 Main Street
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