Available Properties
Family Dollar – Carencro, LA
- 2405 Louisiana 93, Carencro, LA 70520
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $1,075,000
- 8.58%
- 3 Years
- NN+
- Credit Rated, Corporate Guarantee
Highlights
- Operating here since 2014
- NN+ lease: landlord covers roof and structure only
- 10% rent increases in each option
- Corner location, 7 miles north of Lafayette
- 42% population growth in Carencro from 2020 to 2025
- $1.6B Black Bayou Energy Hub planned in the Lafayette region
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this Family Dollar at 2405 LA-93 in Carencro, LA. The store sits on a corner at LA-93 and West Gloria Switch Road, 7 miles north of Lafayette. Family Dollar has been here since 2014, and the lease is NN+ with 10% rent increases in each option. Carencro’s population grew 42% from 2020 to 2025. It is offered at $1,075,000, an 8.58% cap rate, and is ideal for a 1031 exchange buyer.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
11,056 |
$83.6k |
|
5 Mile |
35,159 |
$79.4k |
|
10 Mile |
176,618 |
$79.6k |
