Listed by NAI Rampart, Diamond Realty & Associates
$2,300,000
Benton Square
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 18,540
Cap Rate 7.55%
NOI $173,719
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $124
Class B
Year Renovated 2023
Buildings 3
Stories 1
Acreage 1.650
Zoning Retail
Investment Type Stabilized
Ownership Fee Simple
Retail | 7.55% CAP | 18,540 SqFt
Marketing description
Unbelievable opportunity to own a city block in Benton, Louisiana with retail and residential income.
Investment highlights
Fully leased retail / residential investment on LA Hwy 3 in Benton, Louisiana.
This asset has been the center of Benton’s vibrant retail market for years and is a perennial favorite for weekend events and daily shoppers.
Listing Contacts
Listed by NAI Rampart, Diamond Realty & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$173,719.00
$14,476.58/mo
Valuation Metrics
0
DSCR
7.55%
Cap Rate
7.55%
ROI
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Property History
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