Retail Space /LA /Lafayette County /Lafayette /2300 Mills St
Retail Space /LA /Lafayette County /Lafayette /2300 Mills St

2300 Mills St - Freestanding FOR SALE


Lafayette, LA 70507- North Lafayette Parish | 
$2,440,740 USD
909-560-3010
2300 Mills St, Lafayette, LA for Sale
$2,440,740 USD
Freestanding - FOR SALE
1/7
null | 6.35% Cap Rate
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2300 Mills St
Lafayette, LA 70507
North Lafayette Parish

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HIGHLIGHTS

  • LONG TERM ABSOLUTE NET (NNN) LEASE WITH 5% INCREASES IN THE BASE TERM
  • CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT
  • CLOSE PROXIMITY TO MAJOR HIGHWAY
  • E-COMMERCE & RECESSION RESISTANT RETAILER

OVERVIEW

PRICING: $2,440,740 CAP RATE: 6.35% NOI: $154,987 LEASE TERM: 15 YEARS GUARANTEE: CORPORATE (S&P: BBB)

FOR SALE DETAILS

PRICE

$2,440,740 USD

PRICE/SF

$192 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market - Lafayette, LA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

6056125

ASK ABOUT THIS PROPERTY

Richard BrehautCBREMore Info
909-560-3010

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Richard BrehautCBREMore Info
909-560-3010

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