Sale Lease Back Retail - Zachary, LA

Retail-Commercial for Sale
Catylist Listing ID: 30361523
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 11,270 SF
Gross Building Area: See Agent
Sale Price: $899,000
Unit Price: $79.77 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2019

Overview / Comments

Sale Lease Back Investment Propert @ $90,000.00/annual NNN.
Built in 1993 - Magnolia Furniture & Appliance. Desirable location in growing Zachary, Louisiana.
Hard Corner Retail with traffic control signal. 11,270 square feet retail building located at the corner of Hwy 19 & Church Street. Adjacent businesses are Walgreens and Winn Dixie. Centrally located in Zachary. Open showroom with glass storefront. Great condition and exposure to retail traffic. Building is 80.5 ft x 140 ft. Schedule showings - call for additional details on sale-lease back.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 11
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Main St./Church St.
Area Description: Retail corridor
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 11,270 SF
Property Condition: Good
Construction/Siding: Block
Parking Type: Surface
Sprinklers: None
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 32-C-1-A, Robert Flanders Track Zachary, East Baton Rouge Parish, Lousiana

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,717 14,484 35,249
Median Age: 36.1 34.59 35.36
Households: 577 5,036 12,449

Contact

Photograph of Listing Agent

Scot P Guidry

Derbes Falgoust Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
Photograph of Listing Agent

Randy L Herring

Derbes Falgoust Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
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