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1080 S Main St 8,000 SF Retail Building Farmerville, LA 71241 $559,000 ($69.88/SF) 7.40% Cap Rate
Investment Highlights
- Recent early extension
- Brand new HVAC
- Low rent of $41K
- Investment grade corporate guaranty
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,000 SF
Building Class
C
Year Built
2002
Price
$559,000
Price Per SF
$69.88
Cap Rate
7.40%
NOI
$41,340
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.05 AC
Zoning
C - Commercial
Parking
28 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
213’ on South Main Street
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 4682 | Improvements Assessment | $47,308 |
| Land Assessment | $8,500 | Total Assessment | $55,808 |
Property Taxes
Parcel Number
4682
Land Assessment
$8,500
Improvements Assessment
$47,308
Total Assessment
$55,808
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1080 S Main St
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