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

Contact

Photograph of Listing Agent

Donnie M Jarreau, Jr

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.