3200 Louisville Ave | Monroe, LA 71201
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- LoopNet Team
3200 Louisville Ave
Monroe, LA 71201
Exxon · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20 Year Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities
- Guarantor Supplied Over 165 Million Gallons of Fuel to 300+ Locations During the 12 Month Period (Ending 12/31/2018)
- Strong Store Performance Across All Locations – Blended Average 2.33x Rent Coverage
- Each Location Benefits From 1.6% Annual Rent Increases and 4 x 5 Year Renewal Options
- Guarantor Generated Over $400 Million in Revenue in 2018 and Operates in 7 States: GA, TX, SC, AL, AR, LA and MS
- Weighted Average Cap Rate is 8.00% Over Lease Term For Portfolio
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,184 SF
Building Class
B
Year Built
1956
Building Height
1 Story
Building FAR
0.07
Lot Size
0.72 AC
Zoning
C - Commercial
Parking
16 Spaces
Frontage
162’ on Louisville Avenue
ABOUT 3200 LOUISVILLE AVE , MONROE, LA 71201
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. # PB00085157
PROPERTY TAXES
| Parcel Number | 78895 | Improvements Assessment | $23,210 |
| Land Assessment | $9,756 | Total Assessment | $32,966 |
PROPERTY TAXES
Parcel Number
78895
Land Assessment
$9,756
Improvements Assessment
$23,210
Total Assessment
$32,966
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