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285 W Pine St
Ponchatoula, LA 70454
CVS 15 Year NNN Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Investment Grade Credit Tenant, Rated BBB+ by S&P
  • Long Term Absolute NNN Lease | 15 Years Remaining of Initial Term
  • Hard Signalized Corner with Great Visibility
  • Corporate Guarantee | CVS Health Corporation
  • Absolute NNN | Zero Landlord Responsibility
  • Proximity to I-55 | 37,000+ Vehicles per Day

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
12,021 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.15 AC
Parking
30 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
160’ on S 7th St

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01616501
Land Assessment
$5,940
Improvements Assessment
$23,846
Total Assessment
$29,786
  • Listing ID: 25434932

  • Date on Market: 4/8/2022

  • Last Updated:

  • Address: 285 W Pine St, Ponchatoula, LA 70454

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