Listed by SRS Real Estate Partners New York
$1,497,000
Gause Center
Details
APN 86503
Property Type Retail
Sub Type Storefront
Square Footage 8,175
Cap Rate 8.49%
NOI $127,169
Tenancy Multi
Lease Type NN
Year Built 2008
Acreage 0.910
Zoning C-2 Neighborhood Commercial
Parking Spaces 46 spaces
Parking Per SqFt 5.63
Investment Type Net Lease
Ownership Fee Simple (Land & Building Ownership)
Retail | 8.49% CAP | 8,175 SF
Investment highlights
Diverse Tenant Mix | 100% Occupied | Below Market Rent
NN Leases | Fee Simple Ownership | Limited Landlord Responsibilities
Slidell High School | Slidell Memorial Hospital | Fremaux Town Square | Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners New York
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,169.00
$10,597.42/mo
Valuation Metrics
0
DSCR
8.49%
Cap Rate
8.49%
ROI
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