Cypress Realty of Louisiana
Listed by Cypress Realty of Louisiana
$2,300,000
Parkside Grocery
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,500
Pumps 8
Cap Rate 5.22%
NOI $120,000
Price per SqFt $219
Broker Co-Op Yes
Year Built 2005
Acreage 2.000
Investment Type Owner/User
Occupancy Date 09/30/2024
Grocery Store/Gas Station
Marketing description
Prime opportunity awaits with this 2-acre property featuring a fully operational grocery store and gas station. Ideal for investors or entrepreneurs, this high-traffic location offers excellent visibility and ample space for expansion or redevelopment. The grocery store boasts a well-established customer base, while the gas station benefits from consistent fuel sales. With plenty of parking and room for growth, this versatile property promises strong potential for continued success and profitability. Don't miss out on this exceptional investment in a thriving community!
Listing Contacts
Cypress Realty of Louisiana
Listed by Cypress Realty of Louisiana
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
5.22%
Cap Rate
5.22%
ROI
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