7076 LA-1 Hwy - Specialty FOR SALE


Marksville, LA 71351
$4,285,714 USD
332-345-4222
7076 LA-1 Hwy, Marksville, LA for Sale
$4,285,714 USD
Specialty - FOR SALE
1/2
null | 7% Cap Rate

7076 LA-1 Hwy
Marksville, LA 71351


HIGHLIGHTS

  • Bonus Depreciation Opportunity
  • Long-Term Tiple-Net (NNN) Lease
  • Strong Corporate Guarantee
  • Strong Real Estate Fundamentals

OVERVIEW

Surmount is pleased to present the exclusive listing for a Strickland Brothers Car Wash located at 7076 Hwy 1, Marksville, LA 71351. The site consists of roughly 2,513 rentable square feet of building space on an estimated 2.2-acre parcel of land. This Strickland Brothers Car Wash is subject to a 20 Years-year Triple Net (NNN) lease, which commenced 3/9/2023. The current annual rent is $300,000 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$4,285,714 USD

PRICE/SF

$1,705 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Strickland Brothers Car Wash

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

-

APN/PARCEL ID

017-71331900

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 Policy.