128 Capitol Blvd - Warehouse FOR SALE


Houma, LA 70360
$1,575,000 USD
914-498-2225
128 Capitol Blvd, Houma, LA for Sale
$1,575,000 USD
Warehouse - FOR SALE
1/10
null | 8% Cap Rate

128 Capitol Blvd
Houma, LA 70360


HIGHLIGHTS

  • Brand New 3-Year Extension | Growing Brand | Hydrinity Guaranty
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Dense Industrial/Retail Corridor | Access to U.S. Hwy 411 | Strong National/Credit Tenant Presence | Nearby Apartments & High School
  • Strong Demographics in 5-Mile Trade Area | Direct Consumer Base

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN lease leased, Circle the Wagons investment property located in Houma, Louisiana. The tenant, Circle the Wagons, LLC recently just extended their lease for additional 3 years, showing their commitment to the site. The lease is NN with landlord responsibilities limited to roof, structure, foundation and exterior walls making it an ideal, low-management investment opportunity for a passive investor. Circle the Wagons was founded in 2019 and is based in Houma, Louisiana. They provide services such as collective buying power, shrink management, training and development, and store-in-store concepts to reduce costs and improve operational efficiency for grocers.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circle the Wagons

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.77

LAND SF

33,541

ZONING

-

APN/PARCEL ID

51787

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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