803-865 Brownswitch Rd | Slidell, LA 70458
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803-865 Brownswitch Rd
Slidell, LA 70458
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 9.91 Percent Day-One Cap Rate
- 6.89 Acre Land Parcel: Further Upside May Be Possible Through Development or Sales of Pad Sites
- Mix of National and Regional Credit Tenants
- 13 Percent Pro Forma Cap Rate | Upside Through Leasing 9,837 Square Feet of Vacancies
- Price Below-Replacement Cost at $66 Per Square Foot
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
64,686 SF
Building Class
C
Year Built
1982
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.22
Lot Size
6.89 AC
Zoning
C - Commercial
Parking
334 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 83298 | Improvements Assessment | $424,699 |
| Land Assessment | $0 | Total Assessment | $424,699 |
PROPERTY TAXES
Parcel Number
83298
Land Assessment
$0
Improvements Assessment
$424,699
Total Assessment
$424,699
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