Hammond West Shopping Center

Shopping Center for Sale
Catylist Listing ID: 30034424
Property Subtypes: Mixed Use, Net Leased, Strip Center
Building Size (RSF): 18,731 SF
Gross Building Area: See Agent
Gross Land Area: 3 Acres
Sale Price: $3,454,171
Unit Price: $184.41 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Hammond West
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 12/6/2017

Overview / Comments

100 Percent Leased Hammond Center with an additional 24,000 warehouse available that is also net leased by Bedding Plus for an additional Net Income of $156,000.00 for the asking price of $5,627,420.00 NET, NET, NET for the entire Center with warehouse / Distribution center for Bedding Plus that will sign a long term lease back

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 85
Tax ID/APN: 2676681127
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Other
Property Visibility: Excellent
Property Condition: Excellent
Construction/Siding: Steel Frame

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,939 33,718 56,590
Median Age: 27.82 29.79 31.88
Households: 3,378 12,442 21,206

Contact

Photograph of Listing Agent

Larry W Haik, Jr., Jr

ABEK Real Estate Slidell, LA 70458
LACDB Member
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