4783 Highway 308 - Restaurant FOR SALE


Napoleonville, LA 70390
$415,000 USD
985-381-2829
4783 Highway 308, Napoleonville, LA for Sale
$415,000 USD
Restaurant - FOR SALE
1/3
null | 8% Cap Rate

4783 Highway 308
Napoleonville, LA 70390


HIGHLIGHTS

  • Vehicle and foot traffic

OVERVIEW

New 10 year lease effective October 1, 2024. NNN lease with Franchisee. First 5 years $2,500/month, second five year of original term $3,000/month. Two five year options: first option $3,500/month & second option $4,000/month. Tenant renovated building 2024.

FOR SALE DETAILS

PRICE

$415,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

-

APN/PARCEL ID

200004100

ASK ABOUT THIS PROPERTY

Len GuedryLen GuedryMore Info
985-381-2829

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Len GuedryLen GuedryMore Info
985-381-2829

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