Retail Space /LA /Vernon County /Leesville /1200 S 5th St
Retail Space /LA /Vernon County /Leesville /1200 S 5th St

1200 S 5th St - Freestanding FOR SALE


Leesville, LA 71446 | 
$1,062,069 USD
732-832-5414
1200 S 5th St, Leesville, LA for Sale
$1,062,069 USD
Freestanding - FOR SALE
1/3
null | 7.25% Cap Rate
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1200 S 5th St
Leesville, LA 71446

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HIGHLIGHTS

  • 7.25% cap rate with ± 11.50 years remaining lease term
  • Tenant recently signed early extension showing commitment
  • Top 78th percentile brand ranking in Louisiana
  • Two 5-year renewal options with 10% rent escalations
  • ±26,200 vehicles per day traffic exposure
  • Limited retail competition in primary trade hub

OVERVIEW

Broker Of Record Donnie Jarreau Jarreau Real Estate BROK.32688-ACT, BROK.995704351-CORP (LA) 16161 Perkins Road, Baton Rouge, LA 70810 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,062,069 USD

PRICE/SF

$142 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

011-160-4991

ASK ABOUT THIS PROPERTY

Edward DesimoneMatthews Real Estate Investment ServicesMore Info
732-832-5414

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Edward DesimoneMatthews Real Estate Investment ServicesMore Info
732-832-5414

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