Price Reduction! Absolute NNN Single Tenant Walgreens

Retail-Commercial for Sale
Catylist Listing ID: 29994591
Property Subtypes: Free-Standing Building
Building Size (RSF): 14,820 SF
Gross Building Area: See Agent
Gross Land Area: 2.03 Acres
Sale Price: $3,999,000
Unit Price: $269.84 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 6.3%
Last Updated: 11/8/2017

Overview / Comments

Stirling Properties is pleased to offer for sale a long-term, fee simple (land and building), absolute NNN Walgreen’s located in Bastrop, Louisiana. Walgreens is currently operating under a 25 year lease with just over 14 years of remaining guaranteed lease term.

Attachments & Media

Additional Details

Nearest MSA: Bastrop
County: Morehouse
Tenancy: Single Tenant
Year Built: 2006
Total Parking Spaces: 77

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,491 15,493 19,953
Median Age: 36.51 36.25 37.5
Households: 1,770 5,917 7,660


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