4019 LA-1 - Retail FOR SALE


Port Allen, LA 70767- West Baton Rouge Parish
$1,583,333 USD
332-345-4222
4019 LA-1, Port Allen, LA for Sale
$1,583,333 USD
Retail - FOR SALE
1/2
null | 6% Cap Rate


HIGHLIGHTS

  • Excellent Corporate Guarantee from Driven Brands
  • Strong Industry Growth
  • Exceptional Frontage on Louisiana Hwy 1 South
  • New Construction Site Surrounded by Strong Anchor Tenants

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 4019 LA-1, Port Allen, LA 70767. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.88-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $95,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$1,583,333 USD

PRICE/SF

$941 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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