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: $4,196,600
Unit Price: $283.17 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 8/18/2017

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 15 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

Contact

Photograph of Listing Agent

Beezie Landry, Jr

Stirling Properties Covington/Corporate Covington, LA 70433-5093
© Copyright Louisiana Commercial Database, LLC. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.