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8950 US-165
Sterlington, LA 71280
Hickory Ridge Plaza · Retail Property For Sale
Investment Highlights
- Fully-Stabilized 5-Tenant Retail Asset – Sterlington, LA – Transferable Roof Warranty (12 Yrs Remaining)
- Personal Guarantees on all Leases – Limited Landlord Responsibilities
- Under Market Rents for Upside Potential - Synergistic Mix with Staggered Timeline of Rent Bumps
- 4 of 5 Tenants Subject to Net Leases – Annual Rent Increases – Multiple Option Periods
- Strategically Positioned on US-165 (21,550 VPD) – Surrounded by the City’s Three Public Schools
- Demographics - 5 Mile Population over 10,400 - Average Household Income Exceeding $130,000+ within 3 Miles
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
20,860 SF
Building Class
B
Year Built
2016
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.86 AC
Zoning
Commercial
Parking
50 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
- Backup Power / Generators
Property Taxes
| Parcel Numbers | Improvements Assessment | $202,979 | |
| Land Assessment | $36,018 | Total Assessment | $238,997 |
Property Taxes
Parcel Numbers
Land Assessment
$36,018
Improvements Assessment
$202,979
Total Assessment
$238,997
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