205 Edgewood Dr - Auto Repair FOR SALE


Pineville, LA 71360
$768,866 USD
469-604-8681
205 Edgewood Dr, Pineville, LA for Sale
$768,866 USD
Auto Repair - FOR SALE
1/1
null | 6.25% Cap Rate

205 Edgewood Dr
Pineville, LA 71360


HIGHLIGHTS

  • Absolute NNN Lease With 9+ Years of Lease Term Remaining
  • 2, 5-Year Renewal Options with 10% Rent Increase
  • Second Largest Jiffy Lube Franchisee Team Car Care LLC with 490+ Locations Nationwide
  • Located Within Major Retail Corridor with Tenants Such As CVS Pharmacy, Walgreens, Dollar General, McDonalds, Burger King, Chase Bank

OVERVIEW

Recently Extended Lease Term with 9+ Years Remaining with Two (2), 5-Year Renewal Options with 10% Rent Increase in Each Option Period.

FOR SALE DETAILS

PRICE

$768,866 USD

PRICE/SF

$481 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jiffy Lube – Edgewood

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

-

APN/PARCEL ID

04-007-01973-0030

ASK ABOUT THIS PROPERTY

Matthew KivnaniHunington Properties, Inc.More Info
469-604-8681

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Matthew KivnaniHunington Properties, Inc.More Info
469-604-8681

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