803-865 Brownswitch Rd - Restaurant FOR SALE
Slidell, LA 70458 |
$4,300,000 USD
713-452-4292
803-865 Brownswitch Rd
Slidell, LA 70458
HIGHLIGHTS
- 9.91 Percent Day-One Cap Rate
- 13 Percent Pro Forma Cap Rate | Upside Through Leasing 9,837 Square Feet of Vacancies
- 6.89 Acre Land Parcel: Further Upside May Be Possible Through Development or Sales of Pad Sites
- Price Below-Replacement Cost at $66 Per Square Foot
- Mix of National and Regional Credit Tenants
OVERVIEW
• 9.91 Percent Day-One Cap Rate
• 13 Percent Pro Forma Cap Rate | Upside Through Leasing 9,837 Square Feet of Vacancies
• 6.89 Acre Land Parcel: Further Upside May Be Possible Through Development or Sales of Pad Sites
• Price Below-Replacement Cost at $66 Per Square Foot
• Mix of National and Regional Credit Tenants
FOR SALE DETAILS
PRICE
$4,300,000 USD
PRICE/SF
$61 USD /SF
CAP RATE
9.91%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Country Club Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
334
LAND DETAILS
CROSS STREETS
SEC Robert Rd & Brownswitch Rd
LAND ACRES
6.89 AC
LAND SF
300,128 SF
ZONING
C
APN/PARCEL ID
83298
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713-452-4292
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713-452-4292
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