Ellerbe Retail Center

9242 Ellerbe Road, Shreveport, Louisiana

$2,750,000

Details

Price : $2,750,000
Cap Rate : 7.22%
NOI : $198,434
Price Per SF : $260
Building Size : 10,560 Sq Ft
Lot Size (AC) : 1.71
Year Built : 2008
Lease Type : Triple Net
Lease Expiration : varies
Renewal Options : varies
Rental Increases : varies
Occupancy : 100%%
Status : Available
Property Type : Retail
Sold : No

Investment Highlights

Multiple Points of Ingress and Egress
Multiple Points of Ingress and Egress
Average Household Income within 1 Mile Exceeds $69,107
Numerous Rent Increases throughout Term & Option Periods
100% Occupied Triple Net (NNN) Retail Center - Minimal Landlord Obligations
Less than 4 Miles from Christus Highland Medical Center (208 Beds) & Willis-Knighton Pierremont Hospital (1,192 Beds)
Population within 5 Mile Radius Exceeds 111,983 Residents - Phenomenal Average House Value within 5 Miles is well over $174,044
Surrounded by Numerous National Retailers such as: Anytime Fitness, Kroger, Home Depot, CVS, Walmart, Brookshire's, Burger King, Waffle House, Taco Bell, Academy Sports & Outdoors, and Much More

Description

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