Dollar Tree
Opelousas, LA
Key Details
| Price: | $2,392,857 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $167,500 |
| Address: | 2221 South Union Street, Opelousas, Louisiana 70570 |
| Property Type: | Retail |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 10 Years |
|---|---|
| Lease Commencement: | 6/1/2025 |
| Lease Expiration: | 6/30/2035 |
| Lease Term Remaining: | 10 Years |
| Rental Increases: | In Options |
| Lot Size: | 1.74 Acres |
| Building Size: | 10,000 SF |
| Year Built: | 2025 |
NNN Pro is pleased to present the exclusive listing for a Dollar Tree located at 2221 South Union Street, Opelousas, Louisiana 70570. The site consists of roughly 10000 rentable square feet of building space on an estimated 1.74-acre parcel of land. This Dollar Tree is subject to a 10-year Double Net (NN) lease, which commenced 6/1/2025. The current annual rent is $167,500 and has scheduled increases of In Options.
About the Investment
- Excellent Corporate Guarantee | The lease features a strong corporate guarantee from Dollar Tree (NASDAQ: DLTR). Dollar Tree operates over 16,000 store and boasts an investment grade BBB credit rating from S&P, providing an buyer with an added sense of security in their investment.
- Double Net (NN) Lease with Minimal Landlord Responsibilities | The 10-year lease will commence on June 1, 2025. The landlord will only be responsible for roof and structure, and with the subject property being a brand-new 2025 construction, potential owners will have a largely passive investment for the term.
- Strong Dollar Tree Demographics | The average household income is $51,135 within a threemile radius, $55,982 within a five-mile radius, and $60,141 within a ten-mile radius of the subject property. These demographics are ideal for Dollar Tree locations.
Key Details
| Price: | $2,392,857 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $167,500 |
| Address: | 2221 South Union Street, Opelousas, Louisiana 70570 |
| Property Type: | Retail |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 10 Years |
|---|---|
| Lease Commencement: | 6/1/2025 |
| Lease Expiration: | 6/30/2035 |
| Lease Term Remaining: | 10 Years |
| Rental Increases: | In Options |
| Lot Size: | 1.74 Acres |
| Building Size: | 10,000 SF |
| Year Built: | 2025 |
Talk to the Pros
Daniel Price
dprice@nnnpro.com
License: NY: 10401306175
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Broker of Record
Brian Brockman
Bang Realty, Inc
License: BROK.0995684990-ASA
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.