The McEnery Company presents a 12,240 sf free standing retail building constructed in 2012 and anchored by Family Dollar. The building sits on the corner of Westbank Expressway and Louisiana Street, which is a lit intersection. Property is highly visible from Westbank Expressway and has over 60 parking spaces. The building sits on a 1.05 acre corner lot with 161′ fronting Westbank Expressway and 294′ fronting Louisiana Street. Family Dollar is in the seventh year of an initial 10 year term lease. There are six (6) , five (5) year renewal options with a rent increase of 10% at each renewal. Sales reports show strong and consistent revenue and are available upon request.  The property is offered for sale at $1,750,000.

 

Please contact Gordon McLeod at 504-717-3648 for more information.

 

Family Dollar OM