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Barbara Thomas, Sales Associate
318-355-5551
FOR SALE
$700,000

1714 E MADISON AVENUE
Bastrop, LA 71220

Retail
Commercial
9,000
Sq. Ft.
N/A
Acre Lot
1of
Photos
Map
Listing Provided Courtesy Of: Tri State Properties, LLC
JohnRea> Louisiana> Bastrop> 71220
This 9,000 SF Family Dollar Store was built in 2003. There is a 20-year lease that expires December 31, 2023. However, there are five (5), 5-year options w/10% rent increases each option period. The current income is $46,000 annual + a 3% override if sales are $2,716,333 or more. The Triple Net lease requires Family Dollar to pay property taxes, insurance and the first $1,200 of repairs in any year. The information for this listing is deemed reliable but not guaranteed.
202510
Commercial - Retail, Other
2003
Morehouse
Block
Public Sewer,Public Water
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