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.
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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 |
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 |
|
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