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 | |
Updated | January 7th, 2017 |
Type | Office |
Price | $415,000 |
Building | 3,000 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%