1144 Grand Calliou Rd - Auto Repair FOR SALE


Houma, LA 70363
$1,103,360 USD
214-295-8749
1144 Grand Calliou Rd, Houma, LA for Sale
$1,103,360 USD
Auto Repair - FOR SALE
1/3
null | 7.5% Cap Rate

1144 Grand Calliou Rd
Houma, LA 70363


HIGHLIGHTS

  • 2008 build-to-suit construction | ±8 Years remaining on an initial 15-Year lease | Corporately guaranteed lease
  • Tenant is responsible for HVAC, CAM, Taxes, and Insurance | 5% increases every 5 years on renewal periods
  • Excellent retail corridor with surrounding national tenants including Walmart Super Sonic, Chick-fil-A, Ollie’s Bargain Outlet, & Starbucks
  • 3-Mile population of 29,411 residents | 5-Mile population of 60,365 residents | Average household income of $75,015 annually
  • One of nation’s largest automotive aftermarket parts provider in North America, serving both the professional installer and do-it-yourself customers.
  • Advance Auto Parts is the nation’s largest automotive aftermarket parts provider in North America

OVERVIEW

Donnie Jarreau License No. BROK.995704351-CORP (LA) (866) 889-0550 Jarreau Real Estate 16173 Perkins Road Baton Rouge, LA 70810

FOR SALE DETAILS

PRICE

$1,103,360 USD

PRICE/SF

$180 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C

APN/PARCEL ID

21797

ASK ABOUT THIS PROPERTY

Kevin McKennaMatthews Real Estate Investment ServicesMore Info
214-295-8749

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Kevin McKennaMatthews Real Estate Investment ServicesMore Info
214-295-8749

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