Menu Close
t r a n s l a t e

Family Dollar Net Lease Investment Opportunity | 6.4% Cap Rate

4923 Monkhouse Drive
Shreveport, LA 71109
PRICE : $1,816,000
CAP RATE: 6.4%
SITE SIZE: 1.12 Acres


  • Price aggressively adjusted to 6.4% cap rate
  • Rare absolute NNN lease build to suit in 2015 on a corner parcel with an upgraded facade
  • 7.5 years remaining on the initial term with 6 five-year options
  • Rare rent increase of 10% in April of 2026 with blended cap rate for the remaining term of 6.83%
  • Located just off Interstate 20 near the Shreveport Regional Airport with combined traffic counts of 65K+ VPD
  • Major hotels and retailers in the immediate area
  • Shreveport is the 3rd largest city in LA with a 5 mile population of over 92,310
  • Strong corporate guarantor as subsidiary of Dollar Tree with a BBB- investment grade rating
  • Major area employers include Barksdale AFB, Ochsner/LSU Health System, major universities and large gaming industry venues
  • Louisiana License #: 0095683059


This 2015 built absolute NNN Family Dollar is located in Shreveport, LA, the 3rd largest city in LA. The recent price adjustment for this ±8,320 SF store on ± 1.12 corner parcel with an upgraded façade makes this a very attractive offering with 7.5 years remaining on the 15-year NNN lease.

This Family Dollar is located on a corner parcel on Monkhouse Road just off Interstate 20, near the Shreveport Regional Airport with combined traffic counts of over 65,000 VPD. This successful store is surrounded by major hotel chains including Best Western, Days Inn, Residence Inn, Economy Inn and Super 8 and has a five-mile population of over 92,310+.

Shreveport, located in Northwest Louisiana, near the Texas border, is known as the center of culture, commerce and entertainment. It is home to Barksdale Air Force Base, the largest employer in the Shreveport-Bossier City MSA, along with other large employers including LSU Shreveport, Louisiana Tech, Southern University, Centenary College, and many national and regional casinos.

Family Dollar no longer offers NNN leases. This is a rare opportunity to improve an investor’s return since this NNN lease has a 10% increase in April 2026 (11th year of the lease term). The blended cap rate for the remaining 7.5 year term is over 6.83%. Other benefits to the landlord include receiving 10% increases in each of the 6 option periods. This lease has a corporate guaranty by Family Dollar, a subsidiary of Dollar Tree, with over 16,300 retail locations and growing.

Request more information