RARE RETAIL INVESTMENT OPPORTUNITY

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30851990
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 3,400 SF
Gross Building Area: See Agent
Sale Price: $1,700,000
Unit Price: $500 PSF
In Opportunity Zone? Yes
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Sale/Leaseback, Other
Cap Rate: 6.0%
Last Updated: 2/21/2024

Overview / Comments

This is a rare opportunity to own one or more of OnPath Federal Credit Union branches. The flyer has the information on other branches located at:
1322 Gause Blvd, Slidell, LA 70458
978 S Acadia Rd, Thibodaux, LA 70301
122 E 32nd Ave, Covington, LA 70433
1554 Westbank Expy, Westwego, LA 70094

Current Tenants

Tenant Business Name OnPath Federal Credit Union
Phone Number 504-733-1733
Is Renting? Yes
SF of Space Occupied 3,400 SF
Current Rent $102,000 PSF (Annual)

Additional Details

Nearest MSA: Houma-Thibodaux
County: Lafourche
Tax ID/APN: 0020562360

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,256 27,936 35,071
Median Age: 34.65 35.04 35.15
Households: 3,690 10,662 13,294

Contact

Photograph of Listing Agent

Sandra G Corrigan

SRSA Commercial Real Estate Metairie, LA 70002
LACDB Member
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