Catylist ID:
#30704133
Net Leased Retail/Office Building on Main Street
Retail-Commercial
for Sale
| Catylist Listing ID: | 30704133 |
| Property Subtypes: | Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
| Building Size (RSF): | 9,600 SF |
| Gross Land Area: | 0.76 Acres |
| Sale Price: | $2,000,000 |
| Unit Price: | $208.33 PSF |
| Property Use Type: | Net Leased Investment (NNN), Vacant/Owner-User, Business |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 9.8% |
| Last Updated: | 4/26/2021 |
Overview / Comments
|
Retail / Office / Medical investment property. Currently anchored by Williamson Eye Center. Located on Main Street just 350 feet east of the busiest intersection in Zachary, LA (41,601 daily traffic). It sits between a Sonic and another multi-tenant retail building, and across the street from McDonald's. It's surrounded by many national and local retailers. The building is currently divided into 4 suites and totals 9,600 SF. Excellent access from Main Street including left-hand turn lane. Occupancy: 87.5% Pro Forma NOI: $196,350.03 Cap Rate: 9.8% • High Visibility Location • Tall, visible signage • Anchored by Williamson Eye Center |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | East Baton Rouge |
| Submarket/Township: | 11 |
| Tax ID/APN: | 014-1872-6 |
| Zoning: | COMMERCIAL GENERAL (CG) |
| Retail Clientele: | General, Family, Business, Recreation, Convention, Other |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Main Street (LA-64) |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 14,484 | 37,149 |
| Median Age: | 34.59 | 35.51 |
| Households: | 5,036 | 13,153 |
Contact
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