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Browse More Listings in Retail For Sale, Lake Charles, LA or Louisiana

Retail Property For Sale

Enterprise Rent a Car

1516 N Martin Luther King Hwy, Lake Charles, LA 70601

Price:
$649,000
Building Size:
1,410 SF
Price/SF:
$460.28
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with 4 years left on lease
Commission Split:
2%
Cap Rate:
6.20%
Occupancy:
100%
Tenancy:
Single
Lot Size:
17,000 SF
Find Out More...

Last Verified 11/18/2009 Listing ID 15973288

Description

This newly constructed property is Go Zone Bonus Depreciation Qualified which allows the buyer to take 50% depreciation in the first year.

This property is located just north of I-10 on Hwy 171 which is the second highest traffic count in Lake Charles, LA

Financial Summary

Actual
Net Operating Income
$40,238

Map of 1516 N Martin Luther King Hwy, Lake Charles, LA 70601 (Calcasieu County)

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Presented by

Trahan Construction, LLC.

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Contact Listing Broker

Troy Trahan (337) 774-3600

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Created 11/4/2008

Additional Information for 1516 N Martin Luther King Highway, Lake Charles, LA 70601

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Enterprise Rent a Car

1516 N Martin Luther King Hwy, Lake Charles, LA, 70601