| Purchase Price | $1,310,000 |
|---|---|
| Annual Rental Income | $118,400 |
| Cap Rate | 9.04% |
| Lease Term | 8 Years |
| City | Jonesville |
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Family Dollar – Jonesville, LA
This Family Dollar property in Jonesville, Louisiana is secured by a long-term net lease with one of America’s most established discount retailers. The asset provides investors with a passive, stable income stream backed by a necessity-based tenant operating in a market aligned with value-driven retail demand.
Tenant Overview
Family Dollar, a subsidiary of Dollar Tree Inc., operates more than 8,000 stores nationwide. The company specializes in offering everyday essentials at affordable prices, making it a key shopping destination in underserved and cost-conscious communities. Product categories include groceries, cleaning supplies, health and beauty items, baby products, seasonal goods, apparel basics, toys, and pet supplies.
Lease Structure
The property is subject to a long-term net lease, typically structured as double-net (NN) or triple-net (NNN), with the tenant responsible for property taxes, insurance, and potentially maintenance. This setup ensures predictable cash flow for the landlord and significantly limits day-to-day management obligations—making it an attractive asset for passive-income-focused investors.
Jonesville Market Overview
Jonesville is the parish seat of Catahoula Parish and serves as a primary service hub for the surrounding rural region of central Louisiana. The town supports local economic activity through agriculture, education, healthcare, and government services. Its small population and rural character create a high dependence on discount retailers for everyday shopping needs.
Demographics & Consumer Demand
With a local population under 2,500 and a broader trade area drawing from neighboring towns and unincorporated communities, Jonesville reflects the exact demographic Family Dollar is designed to serve. Median household incomes in the region fall below national averages, and many residents live on fixed or modest incomes. As a result, demand for affordable, conveniently located retail options remains consistent and essential.
Community Role & Traffic Drivers
Family Dollar plays an important role in the Jonesville retail landscape by providing reliable access to low-cost everyday goods. Its compact store format, strategic location, and core merchandise offering meet the needs of families, seniors, and working residents alike. This supports steady, repeat foot traffic and long-term tenant performance.
Tenant Strength & Investment Quality
Family Dollar is a corporate-backed, nationally recognized brand with a proven operating model. The company has demonstrated strong performance across economic cycles, particularly in rural and income-sensitive markets. The essential nature of its merchandise and its presence in under-retailed areas support the long-term security of its lease commitments.
Investment Highlights