Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
$6,998,000
Petco & Sportman's Warehouse - New Orleans (Slidell) LA
Details
APN 85672
Property Type Retail
Sub Type Storefront
Square Footage 66,210
Cap Rate 8.5%
NOI $594,833
Occupancy 100%
Tenancy Multi
Brand/Tenant Petco
Rent Bumps Yes
Broker Co-Op Yes
Year Built 2014
Buildings 1
Stories 1
Acreage 6.140
Zoning C-4: Highway Commercial
Parking Spaces 350 spaces
Parking per 1,000 SqFt 5.29
Ownership Fee Simple
Value-Add | 8.50% CAP | 66,210 SqFt
Investment highlights
4+ Years WALT | Options to Extend | Rental Increases | 100% Occupied | National Tenants | Strong Sales | Value-Add
Prime Retail Node | Adjacent To Top-Performing Rouses Market | Fremaux Town Center (5.6M+ Annual Visitors)
Proximity to Community Anchors
Highly Accessible Shopping Center Location | I-10 (56,700+ VPD)
Strong Demographics In 5-Mile Trade Area
New Orleans MSA
Listing Contacts
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$594,833.00
$49,569.42/mo
Valuation Metrics
0
DSCR
8.5%
Cap Rate
8.5%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
