KW Net Lease Advisors is pleased to offer for sale a Net Leased, Single Tenant, Corporately Guaranteed Family Dollar just outside of Lafayette, Louisiana in the town of Carencro. Family Dollar signed a 10-Year Lease in 2014 and has over 7 years remaining on the primary term. The lease also contains 6 (5) Year Options that each feature 10% Rental Increases, the next coming in 2024.
The subject property is ideally located at the intersection of 2 HWYs (93 & 98) with a combined daily traffic count over 15,000. The site also benefits from being centrally located near the entrance of a new residential development in a growing area just outside of Lafayette (10 miles). The building was constructed in 2013 and embraces the new prototype model that Family Dollar is currently building.
See all of KW Net Lease Advisors available properties including this Family Dollar located in Carencro, LA.