Spring Lake Retail Pop-Up / Hand Carwash
Retail-Commercial
for Sale
| Catylist Listing ID: |
30660650 |
| Property Subtypes: |
Car Wash, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Vehicle Related, Other
|
| Building Size (RSF): |
1,875 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.46 Acres
|
| Sale Price: |
$65,000 |
| Unit Price: |
$34.67 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Usable Size (USF): |
775 SF |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
18.45% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
6/23/2022 |
Overview / Comments
KW Commercial is pleased to offer for sale a potential Retail Pop-Up opportunity, located along the busy E. 70th corridor in Spring Lake. Currently leased to a hand carwash operator, a new owner could maintain the lease, or repurpose the property to a different use.
Comprised of a 775 SF storefront/office and a 1,100 SF covered awning, a new owner could enclose the covered awning to create a limited dining area for a pop-up restaurant or food truck. However, the hand carwash has performed well at the location, which a new owner might have interest in operating as an owner/user, instead of leasing the location.
Note: Please do not disturbed the current tenant. Also, the property is being sold as-is.
|
Additional Details
| Nearest MSA: |
Shreveport-Bossier City |
| County: |
Caddo |
| Tax ID/APN: |
171330033007500 |
| Retail Clientele: |
General, Business, Traveler, Other |
| Property Located Between: |
Line Avenue & Fern Avenue |
| Property Visibility: |
Excellent |
| Highway Access: |
Direct via E. 70th |
| Airports: |
SHV |
| Tenancy: |
Single Tenant |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,474 |
87,077 |
170,810 |
| Median Age: |
42.53 |
35.57 |
35.73 |
| Households: |
3,744 |
36,424 |
69,907 |
|
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