Rare NNN Lease | Net Lease Investment Opportunity | 7.85% Cap Rate

This property is located in Shreveport, LA which falls within Caddo County.PRICE ADJUSTMENT! This successful absolute NNN Family Dollar has a major price reduction to $1,481,500 or a 7.85% cap rate. It is located near the Shreveport Regional Airport and Interstate 20 with combined traffic counts of over 54,000 VPD. Placer.ai ranks this location in the top 30% nationwide in store sales as compared to other Family Dollars along with 3.5% year over-year growth in store sales! More good news - the blended average cap rate effective April of 2026 with the 10% rent increase is 8.53% for the remaining initial term. This strong performing store, located in an area with a five-mile population over 90,000 and average household income of just over $59K, has over 5 ½ years remaining on the initial term and 6 five-year renewal options with 10% rent increases in each option period. Major hotel chains nearby include Best Western, Days Inn, Residence Inn, Economy Inn, and Super 8. Shreveport is also home to Barksdale Air Force Base, the largest employer in the Shreveport-Bossier City MSA, which includes other major employers - LSU-Shreveport, Louisiana Tech, Southern University, Centenary College, and many national retailers and casinos. This location has a strong corporate guaranty by Family Dollar with over 7,500 locations throughout the U.S.