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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



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 | Lot Size | 0.77 AC |
| Price Per SF | $170.53 CAD | Rentable Building Area | 12,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.25% | Year Built | 2006 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.64/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| 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
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Circle the Wagon LLC | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 51787 | Improvements Assessment | $102,444 CAD |
| Land Assessment | $8,461 CAD | Total Assessment | $110,904 CAD |
PROPERTY TAXES
Parcel Number
51787
Land Assessment
$8,461 CAD
Improvements Assessment
$102,444 CAD
Total Assessment
$110,904 CAD
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Circle the Wagons | 128 Capitol Blvd
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