1714 E MADISON AVENUE Bastrop, LA 71220

This 9,000 SF Family Dollar Store was built in 2003. The lease was renewed beginning January 1, 2024, for 5 years, expiring December 31, 2028. There are 4 more option periods after that with a 10% rent increases each option period. The current income is $55,660 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.

• General Features
  • Year Built 2003
  • Subdivision Name PINEHURST ADDN
  • Property Sub Type Retail
  • Mlsarea Major 501 Bastrop & Morehouse Parish
  • County Or Parish MOREHOUSE
• Building Features
  • Building Area Total 9000
  • Building Features See Remarks
  • Construction Materials Concrete Block
  • Cooling Central Air
  • Cooling Y/N true
  • Electric On Site
  • Roof Built-Up
  • Sewer Public Sewer
  • Parking Features Concrete, Parking/25+ Spaces
  • Heating Electric, Central
  • Heating Y/N true
  • Interior Features See Remarks
  • Gas None
  • Electric On Property Y/N true
  • Flooring Concrete
• Property Features
  • Lot Features Error: ClassID in tblMLSFieldPropertyType is null.
  • Utilities Electricity Connected