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Circle the Wagons 128 Capitol Blvd 12,500 SF Industrial Building Houma, LA 70360 $2,131,570 CAD ($170.53 CAD/SF) 8.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand New 3-Year Extension | Growing Brand | Hydrinity Guaranty
  • Dense Industrial/Retail Corridor | Access to U.S. Hwy 411 | Strong National/Credit Tenant Presence | Nearby Apartments & High School
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics in 5-Mile Trade Area | Direct Consumer Base

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN lease leased, Circle the Wagons investment property located in Houma, Louisiana. The tenant, Circle the Wagons, LLC recently just extended their lease for additional 3 years, showing their commitment to the site. The lease is NN with landlord responsibilities limited to roof, structure, foundation and exterior walls making it an ideal, low-management investment opportunity for a passive investor. Circle the Wagons was founded in 2019 and is based in Houma, Louisiana. They provide services such as collective buying power, shrink management, training and development, and store-in-store concepts to reduce costs and improve operational efficiency for grocers.

PROPERTY FACTS

Price $2,131,570 CAD
Price Per SF $170.53 CAD
Sale Type Investment
Cap Rate 8.25%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.77 AC
Rentable Building Area 12,500 SF
No. Stories 1
Year Built 2006
Tenancy Single
Parking Ratio 0.64/1,000 SF
No. Drive In / Grade-Level Doors 3

AMENITIES

  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Circle the Wagon LLC
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Circle the Wagon LLC Retailer - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51787
Land Assessment
$8,461 CAD
Improvements Assessment
$102,444 CAD
Total Assessment
$110,904 CAD
  • Listing ID: 37509465

  • Date on Market: 2025-09-02

  • Last Updated:

  • Address: 128 Capitol Blvd, Houma, LA 70360

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