15,000 Sq Ft Building Fully Occupied with 5 Tenants

Retail-Commercial for Sale
Catylist Listing ID: 30409426
Property Subtypes: Mixed Use
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Sale Price: $400,000
Unit Price: $26.67 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/13/2019

Overview / Comments

15,000 Sq Ft building that is completely occupied with 5 tenants paying a total monthly rent of $4,435 or $53,220 annually. Building sits in secure gated business park. All tenants are willing to sign a new lease with buyer. CAP Rate 11.8%

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $4,195 (Annual)
Gross Operating Income $53,220 (Annual)

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 171428013002000
Retail Clientele: General, Business
Tenancy: Multiple Tenants
Property Condition: Good
Legal Description: LOT 20, JENKINS ACRES SUB., 171428-13-20

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,125 66,377 154,905
Median Age: 31.17 33.17 35.57
Households: 3,271 25,241 62,431

Contact

Photograph of Listing Agent

Darren Williams

Realty Pro Brokers Alexandria, LA 71301
Not a member of MCAR CIE
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