437 N Airline Hwy - Retail FOR SALE


Gonzales, LA 70737- Ascension Parish
$2,000,000 USD
305-707-0969
437 N Airline Hwy, Gonzales, LA for Sale
$2,000,000 USD
Retail - FOR SALE
1/8
null | 6.15% Cap Rate

437 N Airline Hwy
Gonzales, LA 70737
Ascension Parish


HIGHLIGHTS

  • Abs. NNN Lease | 2% Annual Increases | Corporate & Personal Guarantees | 2 Additional Fixed Income Streams via Parking & Billboard Agreements
  • High-Performing Local QSR | 4.65% Rent-to-Sales Ratio | First Option Period Recently Exercised | Priced Below Replacement Costs
  • Strategic Positioning | Adjacent to Major Intersection with 32,500+ VPD
  • Heart of Gonzales’ Retail Hub | Numerous National Retailers | Next to High-Performing Chase Bank & Brand New Chick-Fil-A
  • $6.5B+ in Area Investments Since 2021 | Major Fortune 500 Companies | $2B Nutrien | $1.4B Shell | $1.4B Methanex | $950M Chevron | $780M BASF
  • Proximity to RiverPlex MegaPark - $17.5B+ in Planned Investments | $7.5B Clean Energy Works | $6B Hyundai | $4B CF Industries

OVERVIEW

Cooperating Broker Brian Brockman License: BROK.0995684990-ASA Bang Realty, Inc bor@bangrealty.com (513) 898-1551

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$520 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Off The Hook | Abs. NNN | 2% Annual Increases

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

20003-229

ASK ABOUT THIS PROPERTY

Eric WassermanAcropolis Commercial AdvisorsMore Info
305-707-0969

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Eric WassermanAcropolis Commercial AdvisorsMore Info
305-707-0969

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