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1915 Bayou Blue Rd 8,125 SF Retail Building Houma, LA 70364 $515,000 ($63.38/SF) 9.44% Cap Rate
INVESTMENT HIGHLIGHTS
- Above average sales
- Dollar General S & P Rating: BBB
- Top 5% of all stores in this district or region of stores
EXECUTIVE SUMMARY
9.26% CAP RATE
Above average sales - contact Broker for more information. Performance wise, this location sits in the top 5% of all stores in this district or region of stores. Located across the street from Bayou Blue Public School Houma is the largest city in, and the parish seat of, Terrebonne Parish in the U.S. state of Louisiana. It is also the largest principal city of the Houma-Bayou Cane-Thibodaux metropolitan statistical area.
Above average sales - contact Broker for more information. Performance wise, this location sits in the top 5% of all stores in this district or region of stores. Located across the street from Bayou Blue Public School Houma is the largest city in, and the parish seat of, Terrebonne Parish in the U.S. state of Louisiana. It is also the largest principal city of the Houma-Bayou Cane-Thibodaux metropolitan statistical area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,125 SF
Building Class
B
Year Built
2003
Price
$515,000
Price Per SF
$63.38
Cap Rate
9.44%
NOI
$48,620
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.83 AC
Parking
56 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
136’ on Bayou Blue Road
PROPERTY TAXES
| Parcel Number | 53772 | Improvements Assessment | $41,000 |
| Land Assessment | $11,230 | Total Assessment | $52,230 |
PROPERTY TAXES
Parcel Number
53772
Land Assessment
$11,230
Improvements Assessment
$41,000
Total Assessment
$52,230
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1915 Bayou Blue Rd
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