$9,668,286 USD
214-692-2289
1830 W Airline Hwy
La Place, LA 70068
St John The Baptist Parish
HIGHLIGHTS
- Well-established grocery location totaling ±81,644 SF on ±7.00 AC
- Long-term corporate tenant (Winn-Dixie) with a 28-year operating history
- Absolute NNN lease with zero landlord responsibilities
- 6.25-Years remaining on the base term of the lease
- Property underwent a renovation in 2018, enhancing long-term operational reliability
- 5-Mile Population of 40,035 residents with an average household income of $77,650 annually
FOR SALE DETAILS
PRICE
$9,668,286 USD
PRICE/SF
$155 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Winn Dixie
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
331
LAND DETAILS
LAND ACRES
7 AC
LAND SF
304,920 SF
ZONING
Commercial District 1
APN/PARCEL ID
0400461300
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214-692-2289
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214-692-2289
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