www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33955139
33955141

1200 South 5th Street, Leesville, LA 71446

ED
NY 10410386411
Matthews
Listed by Matthews
$1,026,667
2 days on market
Updated 1 day ago

Advance Auto Parts - Leesville, LA

Details
APN 011-160-4991
Property Type Retail
Sub Type Convenience Store, Storefront (+1)
Square Footage 7,000
Cap Rate 7.5%
NOI $77,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Walgreens (+9)
Lease Type NN
Lease Term 37.6
Lease Expiration 12/31/2037
Remaining Term 11.5
Rent Bumps Yes
Lease Options Two, 5-Year
Price per SqFt $147
Broker Co-Op True
Year Built 2000
Buildings 1
Stories 1
Acreage 0.840
Zoning Misc. Commercial
Parking Spaces 28 spaces
Parking Per SqFt 4.00
Investment Type Stabilized
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/19/2000
Occupancy Date 05/19/2000
Ground Lease No
Ownership Fee Simple

7.50% Cap | ±11.50 Years Remaining | Early Extension

Investment highlights

● Offered at $1,026,667, representing a 7.50% capitalization rate.

● The tenant recently signed an early extension to the lease, showing their past success & long-term commitment to the location.

● The site ranks in the top 78th percentile in brand ranking for the state of Louisiana, as per AlphaMaps.

● The asset has a lease with approximately ±11.50 years of remaining lease term, scheduled to expire on 12/31/2037

● The lease provides two 5-year renewal options, each featuring 10% rent escalations, supporting future income growth over an extended hold period.

● NN lease structure with the landlord responsible for roof, lot, structure, and 1/2 of HVAC over $500 ● The property consists of a ±7,000 SF building situated on a ±0.84 acre parcel with 28 parking spaces

● The location is exposed to approximately ±26,200 vehicles per day, offering meaningful visibility and traffic flow for a retail tenant.

● The property benefits from dual access points, which enhances ingress and egress improving overall site circulation.

● Leesville is the county seat of Vernon Parish, the primary retail hub for a rural region. Limited retail competition in this market supports stable sales volume for existing operators.

● Fort Polk sits approximately 7 miles away from the site. Fort Polk is a major U.S. Army installation and home to the Joint Readiness Training Center (JRTC) and the 3rd Brigade Combat team, 10th Mountain Division. Fort Polk has over 7,300 active duty troops stationed there.

Listing Contacts

ED
NY 10410386411
Matthews
Listed by Matthews

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
$77,000.00
$6,416.67/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

Map

Zoning

Intelligence Badge
C-2 CommercialGeneral CommercialCommercial District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 62 uses
View all 62 uses
Last updated Mar 16, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591