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2152 Highway 70, Donaldsonville, LA

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2152 Highway 70

Donaldsonville, LA 70346-8860 - Ascension Parish Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2017
Building Size:19,097 SF Land Area:4.58 AC (199,505 SF)
For Sale Price:$3,595,000 Price/SF:$188.25
Cap Rate:6.11 %
Features:Fenced Lot, Pylon Sign, Signalized Intersection

Sale Notes:
BRAND NEW 15 YR LEASE! We are pleased to offer to purchase fee simple (ownership of land and building) a brand new 2017 construction single tenant investment that is 100% leased to the Tractor Supply Co. on a 15 year corporate guaranteed NNN lease located in Donaldsonville, LA. This lease offers 4 - 5 year option periods and 5% rental increases every 5 years including all option periods.

LARGE PARCEL! STRONG RURAL DEMOS! Donaldsonville is a small city in and the parish seat of Ascension Parish in south Louisiana. Located within 35-45 minutes of such exciting and famous spots as the City of Baton Rouge and the City of New Orleans, the City of Donaldsonville is seated on the Mississippi River and Bayou Lafourche.

Colliers International
Eric Carlton
(949) 724-5561

Jereme Snyder
(949) 724-5500

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