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Browse More Listings in Retail For Sale, Houma, LA or Louisiana

Retail Property For Sale

Blockbuster Store

1807 Prospect Blvd, Houma, LA 70363

Price:
$731,000
Building Size:
4,800 SF
Price/SF:
$152.29
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with 4 years left on lease
Commission Split:
3%
Cap Rate:
11%
Occupancy:
100%
Tenancy:
Single
Lot Size:
22,000 SF
Find Out More...

Last Verified 10/23/2009 Listing ID 16295452

Description

Strong Sales in this store ensure it's staying power. 60,000 in trade area and low price per foot mean this building could not be duplicated for this price. Blockbuster continues to amaze us with its innovations. Just when people say the Blockbuster model doesn't work it comes out with online movies and movies by mail keeping it competitive in it's industry.

Great location in the Lafayette sphere of influence. Lafayette has teh lowest unemployment in the entire nation.

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Financial Summary

Actual
Net Operating Income
$80,388

Map of 1807 Prospect Blvd, Houma, LA 70363 (Terrebonne County)

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Presented by

SYRE

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Contact Listing Broker

Steve Meyn (650) 575-7110

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Created 6/26/2009

Additional Information for 1807 Prospect Boulevard, Houma, LA 70363

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 4 Historic Listings
Sales Comparables Available - 1 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.

Comparable Properties for 1807 Prospect Blvd, Houma, LA 70363

Nearby Retail properties for saleSearch all commercial real estate for sale

Blockbuster Property with a 10.75% cap rate!
$750,000
4,800 SF

Nearby Shopping Center properties for leaseSearch all commercial real estate for lease

PLAZA CAILLOU
$3.12 - $12.00/SF/Year
200 - 23,379 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Free Standing Bldg
Sold 1Q 2008

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 - Blockbuster Store

1807 Prospect Blvd, Houma, LA, 70363