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
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


Photograph of Listing Agent

Larry W Haik, Jr., Jr

ABEK Real Estate Slidell, LA 70458
LACDB Member
© Copyright Louisiana Commercial Database, LLC. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.