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1099 US-167
Bernice, LA 71222
Exxon · Retail Property For Sale
Investment Highlights
- Over 16 Years Remaining on an Absolute Triple Net Lease (NNN) With No Landlord Responsibilities – Creating Consistent Passive Cash Flow
- Attractive 2% Annual Rental Increases
- Property Has Excellent Visibility and is Located on Route 167 Which Sees Nearly 5,867 VPD and Connects Bernice to Interstate 20
- Fully Renovated in 2019; Renovation Entirely Paid For and Completed By the Tenant Showing Strong Commitment to This Site
- Excellent Egress/Ingress With Multiple Points of Access
- Strategically Located on Route 167 Which is the Main Route Through the Town of Bernice
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,644 SF
Building Class
B
Year Built/Renovated
2011/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.50 AC
Zoning
gc
Parking
25 Spaces (9.45 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 12730 | Improvements Assessment | $0 |
| Land Assessment | $1,813 | Total Assessment | $1,813 |
Property Taxes
Parcel Number
12730
Land Assessment
$1,813
Improvements Assessment
$0
Total Assessment
$1,813
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