480-949-9011
10460 Norris Ferry Rd, Shreveport, LA for Sale
Drug Store - FOR SALE
1/9
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10460 Norris Ferry Rd
Shreveport, LA 71106


OVERVIEW

Rare opportunity to acquire newer CVS Zero Cash Flow Properties from recent CVS sale-leaseback portfolio. Long-Term Leases: Newer 25-year leases Absolute NNN: Absolutely no landlord responsibilities Zero Cash Flow Financing: Assumable self-amortizing financing with below-market fixed 3.901% interest rate. Perfect 1031 Exchange Asset: The ZCF structure and paydown readvance allow for the perfect 1031 up-leg as it allows owners to withdraw equity and sit on the sidelines rather than acquiring other assets with aggressive cap rates. Paydown/Readvance: Structure allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt. Also available as a Free-and-Clear Investment — contact us for more information.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

120,923 SF

ZONING

C

APN/PARCEL ID

161320-000-0096-00

ASK ABOUT THIS PROPERTY

Matt SturckenSandor Development CompanyMore Info
480-949-9011

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Matt SturckenSandor Development CompanyMore Info
480-949-9011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.