Log In/Sign Up
Your email has been sent.
SouthStar Urgent Care - Shreveport (Many) LA 160 San Antonio Ave 3,800 SF Retail Building Many, LA 71449 $2,352,534 CAD ($619.09 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 3.5 Years Remaining | Annual Rental Increases | Options To Extend
- Nearby National/Credit Tenants | Retail Corridor
- Highly Trafficked Corrdor | Excellent Frontage Visibility
- NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Stable Consumer Base | Established Employment Hub | Strong Local Demographic
Executive Summary
• The tenant currently has 3.5 years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features annual rental increases of 1.50% throughout the initial term and options thereafter, growing NOI and hedging against inflation
• The lease features annual rental increases of 1.50% throughout the initial term and options thereafter, growing NOI and hedging against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,800 SF
Building Class
B
Year Built
2019
Price
$2,352,534 CAD
Price Per SF
$619.09 CAD
Cap Rate
6.50%
NOI
$152,884 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.67 AC
Parking
23 Spaces (6.05 Spaces per 1,000 SF Leased)
Frontage
242’ on San Antonio Ave
Amenities
- Corner Lot
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 0043126501A | Improvements Assessment | $97,729 CAD |
| Land Assessment | $24,854 CAD | Total Assessment | $122,583 CAD |
Property Taxes
Parcel Number
0043126501A
Land Assessment
$24,854 CAD
Improvements Assessment
$97,729 CAD
Total Assessment
$122,583 CAD
Contacts
-
Michael Berk -
Sabrina Sapienza -
Chip Watson -
Joe Hewes -
SRS Real Estate Partners
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
SouthStar Urgent Care - Shreveport (Many) LA | 160 San Antonio Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.