Kaliste Saloom Frontage (near River Ranch)

Shopping Center for Sale
Also listed as Retail-Commercial, Office
Catylist Listing ID: 29951352
Property Subtypes: Free-Standing Store, Mixed Use, Neighborhood Center, Strip Center
Condo? Yes
Building Size (RSF): 6,790 SF
Sale Price: $2,000,000
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Former Maxwell's Market
Sale Terms: Cash to Seller
Cap Rate: 8.4%
Average Occupancy Rate: 100
Last Updated: 11/17/2017

Overview / Comments

Former Maxwell's Market building located on Kaliste Saloom Road one block off from River Ranch. Contemporary design, office/retail development built in 2014.

Total 6,790 sq. ft. is 100% leased; 3 tenants; all personally guaranteed. :)

Current Tenants

Tenant Business Name Nothing Bundt Cakes
Is Renting? Yes
Suite Number Unit 1-B
SF of Space Occupied 1,700 SF
Lease Expiration 3/2019
Tenant Notes Tenant is not moving. Please do not disturb them.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G1
Is Condo?: Yes
Retail Clientele: General, Business
Property Located Between: Kaliste Saloom Road, Steiner Road and Settlers Trace Boulevard
Property Visibility: Excellent
Largest Nearby Street: Kaliste Saloom Road
Total Number of Buildings: 6
Number of Stories: 1
Property Condition: Excellent
Year Built: 2014
Construction/Siding: Brick
Parking Description: Common parking; first come, first serve.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,721 69,803 144,993
Median Age: 37.17 35.32 34.46
Households: 5,779 29,240 58,671

Contact

Photograph of Listing Agent

Diana L Stephens

Southern Lifestyle Realty Lafayette, LA 70508
Not a member of MCAR CIE
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