2602 Ferrand St | Monroe, LA 71201
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2602 Ferrand St
Monroe, LA 71201
Jiffy Lube · Retail Property For Sale
Investment Highlights
- Jiffy Lube With 5.5+ Years Remaining on Primary Term
- Attractive 12.5% Rental Increase to Occur in March of 2025
- Strong 5-Mile Demographics With 77,000+ Residents
- Absolute NNN With Zero Landlord Responsibilities
- Tenants Have the Option to Exercise 2 (Two) 5-Year Options, Both Including 12.5% Rental Increases on Each Option Period
- Tenant has Recently Made Improvements to the lot, Showing a Long-Term Commitment to the Site
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,230 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.48 AC
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,997 | |
| Land Assessment | $7,322 | Total Assessment | $10,319 |
Property Taxes
Parcel Numbers
Land Assessment
$7,322
Improvements Assessment
$2,997
Total Assessment
$10,319
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