Family Dollar

For Sale

7535 LA-182, Morgan City, LA 70380

This Morgan City property for sale is located at 7535 LA-182. The current listed sale price for Family Dollar is $625,000. Family Dollar is situated on a lot that is 0.92 acre in size.

Contacts

broker

Sal Yaldo

Encore Real Estate Investment Services

(248) 702-0940

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,320 SF
  • Lot Size 0.92 Acre
  • Year Built 2014
  • Date Updated Mar 14, 2024
Morgan City is a city in St. Mary Parish, Louisiana. The population was 11,472 at the 2020 census. The City of Morgan City is conveniently located "right in the middle of everywhere" approximately 70 miles west of New Orleans, 60 miles south of Baton Rouge and 60 miles east of Lafayette on scenic Highway 90 Morgan City, and all of St. Mary Parish, is included in the Lafayette-Opelousas-Morgan City CSA. Known worldwide for fishing, hunting and fine Cajun cuisine, Morgan City is the gateway to the Gulf of Mexico for the shrimping and oilfield industries. Morgan City's unforgettably named Louisiana Shrimp and Petroleum Festival on Labor Day weekend is a dual celebration of its prime industries. But throughout the year visitors can easily see the impact of the oil and seafood businesses on this city in the middle of the Atchafalaya River's massive delta. Even in the heart of Morgan City's 19-block historic center, recognized as part of the state's Main Street Program, one can climb the flood barrier known locally as the Great Wall for a bird's eye view of the industrial vessels and shrimp boats plying the busy river before sampling a Cajun-style treatment of the fresh shellfish at a local restaurant. Tour a historic drilling rig and learn about Louisiana's ties to the industry at the International Petroleum Museum or get a close encounter with the area's natural heritage at the Swamp Gardens & Wildlife Zoo, which features alligators and black bears..

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Highlights

  • Double Net Lease | Minimal Landlord Responsibilities
  • Lease Supports (6) 5-Year Options
  • Strong 10% Rental Increases in Each Option Offers a Hedge Against Inflation
  • Family Dollar : BBB- | Over 8,000 Stores in 48 States
  • Population Demographics Supportive of Family Dollar's Business Model
  • Excellent Visibility with Frontage and Signage Along LA-182 Which Has Traffic Counts Exceeding 12,400 Vehicles Per Day
  • Positioned Along Morgan City's Main Thoroughfare and Surrounded by National Tenants Including Burger King, CVS Pharmacy, McDonald's, O'Reilly Auto Parts, Popeyes, Subway and Wendy's

Getting around

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Location

  • City Morgan City, LA
  • Zip Code 70380
  • Market Lafayette Lake Charles

Points of Interest

  • Mel-Star Mart

    0.13 miles

  • Walmart Neighborhood Market

    1.42 miles

  • Walmart Supercenter

    5.25 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Sal Yaldo

Encore Real Estate Investment Services

(248) 702-0940