National Credit Retail Investment

Retail-Commercial for Sale
Catylist Listing ID: 30513231
Property Subtypes: Free-Standing Building
Building Size (RSF): 7,500 SF
Gross Building Area: See Agent
Sale Price: $1,725,000
Unit Price: $230 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2020

Overview / Comments

O'Reilly Auto Parts located at 10040 Burbank listed at a market rate CAP Rate of 5.5%, with "A" rated credit in excellent location. 17 years remaining of lease with an NOI $94,854. Year 11 NOI goes to $100,545.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 53
Tax ID/APN: 000-9377-7

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,652 52,397 136,099
Median Age: 27.95 34.74 34.09
Households: 6,041 22,246 58,437


Photograph of Listing Agent

Donnie M Jarreau, Jr

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
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