RARE RETAIL INVESTMENT OPPORTUNITY

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30851988
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 2,242 SF
Gross Building Area: See Agent
Sale Price: $1,121,000
Unit Price: $500 PSF
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Sale/Leaseback
Cap Rate: 6.0%
Last Updated: 9/26/2023

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
Current Rent $67,260 PSF (Annual)

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 1060095400
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,242 SF

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,334 19,574 50,975
Median Age: 33 40.22 39.24
Households: 1,293 7,783 19,421

Contact

Photograph of Listing Agent

Sandra G Corrigan

SRSA Commercial Real Estate Metairie, LA 70002
LACDB Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.