Commercial store building built-to-suit for Family Dollar in 2011. Consistant lease renewals show corporate commitment to this location with full reimbursement of property tax and insurance in addition to current net lease of $91,025 annually. This 8,000 sq ft property sits on the instersection of Main and Constitution streets, with steel and concrete construction and a large concrete parking lot. Current lease renews in 2028 with (5) five-yearr lease options with 10% rent increases each option.
For Sale by LLC owner. Current price reflects 8% CAP for a solid investment return. Contact us for detailed information.
Oak Grove, LA is the county seat and a busy and vibrant rural community.