Property Listing No Longer Available for Sale

32350 Hwy 16, Building N, Denham Springs, LA

Office for Sale - $415,000 - 3,000 Sq. Ft.


Property Info

CIMLS#913395
Location
  32350 Hwy 16, Building N
  Denham Springs LA 70726
UpdatedJanuary 7th, 2017
TypeOffice
Price$415,000
Building3,000 Sq. Ft.

Property Description

Single Tenant NNN Investment. Long Term Tenant with 4 Years Remaining on Lease Term. Tenant has occupied building for 9 years.

$39,600 NOI. 9.54% Cap Rate.

Location Description:

Located on Hwy 16 between Denham Springs & Watson. 1/2 Mile North of Magnolia Bridge Rd/Lockhart Rd.

Highlights:

>> Single Tenant NNN Investment

>> Long Term Tenant

>> 4 Years Remaining on Lease Term

>> 9.54% Cap Rate

>> $39,600 NOI

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Financials

Sales Info:

>> Commision split: 3.0%


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