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- LoopNet Team
1000 Highway 59
Mandeville, LA 70448
15,000 SF Retail/Mini Storage Center · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
ABOUT 1000 HIGHWAY 59 , MANDEVILLE, LA 70448
15,000 SF retail center in the very center on Mandeville on Girod St (Hwy 59). 4 smaller units and one unit of 8000 SF, which has a Fort Knox 48-unit mini storage facility. Sale does not include the Fort Knox business, but does include the mini-storage build-out. Additional HC-2 land (124 x 253) at rear of the center included in the sale. Current owner has building plans available for two phases of expansion, the first of which adds 25 additional units. Call agent for details about the mini storage business and possibilities for expansion. Cap rate includes income from operation of mini storage business. No lease in place on the Fort Knox suite, so this unit could be for an owner/user or redeveloped into smaller units. Lots of upside on this property!
PROPERTY TAXES
| Parcel Number | 39400 | Improvements Assessment | $110,273 |
| Land Assessment | $0 | Total Assessment | $110,273 |
PROPERTY TAXES
