Catylist ID:
#30468150
Harley Davidson Building Available for Sale or Lease
Retail-Commercial
for Sale
| Catylist Listing ID: | 30468150 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related |
| Building Size (RSF): | 37,323 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 4.50 Acres |
| Sale Price: | $3,650,000 |
| Unit Price: | $97.79 PSF |
| Ceiling: | 20 ft. |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.8% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 1/13/2022 |
Overview / Comments
|
Class “A” retail facility occupied by Harley Davidson dealership. This facility totaling 37,000 sf sitting on 4.5 improved acres has 339ft frontage on SW Railroad Ave and rear access from S Magnolia St. The facility is currently used as a motorcycle dealership and training facility and has been meticulously maintained. This is a great opportunity for an owner occupant with the Tenant having given notice to vacate the building in December 2022. Current investment opportunity offers a 7.7% CAP Rate. Sale shall include real estate only, all rights to Harley Davidson Dealership shall be reserved and retained by H-D U.S.A., LLC. and Harley Davidson Franchisee. Contact broker for additional information. NNN Leased 7.8% CAP Rate 339 ft frontage 37,323sf Facility 4.597 Acre Lot NNN Leased 24466 CPD in 2016 |
Attachments & Media
Additional Details
| Nearest MSA: | Hammond |
| County: | Tangipahoa |
| Submarket/Township: | 85 |
| Tax ID/APN: | 2800500.000000000000000 |
| Zoning: | C3 |
| Retail Clientele: | General, Business, Recreation |
| Property Located Between: | I-12 to Southwest Railroad Ave. The property is on the left near the intersection of SW Railroad Ave & Hewitt Rd |
| Property Visibility: | Excellent |
| Feet of Frontage: | 339 |
| Traffic/Vehicle Count: | 24,466 |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Property Condition: | Excellent |
| Year Built: | 2000 |
| Parking Type: | Surface |
| Lot Frontage: | 339 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,685 | 31,229 | 62,167 |
| Median Age: | 32.94 | 31.07 | 32.57 |
| Households: | 1,364 | 11,828 | 23,450 |
Contact
David A VercherKW CommercialBaton Rouge, LA LACDB Member |
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