2100 Louisville AveMonroe, LA 71201

This exceptional investment opportunity presents a fee-simple interest in a 23,280-square-foot Dollar Tree storefront located at 2100 Louisville Ave, Monroe, LA, 71201. The property sits on a 1.96-acre lot and benefits from an absolute NNN lease with zero landlord responsibilities. The current lease, with Dollar Tree (DLTR), commenced September 1, 2023, and expires August 31, 2028, offering approximately 3.8 years of remaining lease term. A five-year lease extension option is included, with a 10% rent increase. The property boasts a 7.00% cap rate and a strong NOI of $206,078. Built in 1998 and completely renovated in 2023, the single-story building conforms to current Dollar Tree prototype standards, reflecting the tenant's long-term commitment. The property enjoys a prime location on a major retail corridor, Louisville Ave, with high traffic counts exceeding 20,000 vehicles per day. This area features a robust demographic profile, including over 48,000 residents within a three-mile radius and an average household income of $62,235. The current rent of $8.85 per square foot is significantly below market rates, offering substantial upside potential. The property is zoned commercial and is an excellent addition to any diversified real estate portfolio. The asking price is $2,943,972.