160 San Antonio Ave - Freestanding FOR SALE


Many, LA 71449
$1,744,000 USD
470-344-2586
160 San Antonio Ave, Many, LA for Sale
$1,744,000 USD
Freestanding - FOR SALE
1/5
null | 6.5% Cap Rate

160 San Antonio Ave
Many, LA 71449


HIGHLIGHTS

  • 3.5 Years Remaining | Annual Rental Increases | Options To Extend
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Nearby National/Credit Tenants | Retail Corridor
  • Stable Consumer Base | Established Employment Hub | Strong Local Demographic
  • Highly Trafficked Corrdor | Excellent Frontage Visibility

OVERVIEW

• The tenant currently has 3.5 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

$1,744,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SouthStar Urgent Care - Shreveport (Many) LA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

-

APN/PARCEL ID

0043126501A

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.