1034 Homer Rd - Retail FOR SALE


Minden, LA 71055
$1,993,000 USD
470-344-2586
1034 Homer Rd, Minden, LA for Sale
$1,993,000 USD
Retail - FOR SALE
1/5
null | 6.5% Cap Rate

1034 Homer Rd
Minden, LA 71055


HIGHLIGHTS

  • 5.5 Years Remaining | Annual Rental Increases | Options To Extend
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Nearby National/Credit Tenants | Retail Corridor
  • Highly Trafficked Corridor | Excellent Frontage Visibility & Access
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• The tenant currently has 5.5 years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features annual rental increases of 1.50% throughout the initial term and options thereafter, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$1,993,000 USD

PRICE/SF

$531 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SouthStar Urgent Care - Shreveport (Minden)

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

HC

APN/PARCEL ID

114014A

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.