Listed by B+E
$1,496,000
Kenworth of South Louisiana
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 9,930
Cap Rate 7.5%
NOI $112,200
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 05/31/2034
Remaining Term 7.9
Rent Bumps Yes
Lease Options 2; 5-Year
Price per SqFt $151
Class B
Year Built 2019
Acreage 0.560
Parking Spaces 20 spaces
Parking Per SqFt 2.01
Investment Type Net Lease
Lease Commencement 06/01/2024
Ground Lease No
Kenworth of South Louisiana | Industrial | NNN
Marketing description
Exclusively Listed By:
Chris Guida | Director | 917.451.8294 | [email protected]
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | [email protected]
In association with Kristen Zimmerman | LA License #: BROK.995703231-ACT
Investment highlights
- NNN LEASE | RENT ESCALATIONS
- KENWORTH | COMMERCIAL TRUCK DEALERSHIP
- SURROUNDING INDUSTRIAL CORRIDOR
- 2019 WAREHOUSE CONSTRUCTION | FUNCTIONAL DESIGN
- STRATEGIC REGIONAL CONNECTIVITY
Listing Contacts
Listed by B+E
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,200.00
$9,350.00/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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