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97 South Dr
Natchitoches, LA 71457
Texaco – NNN Service Station: ±19 Year Term · Retail Property For Sale
Investment Highlights
- ±19 Years Remaining on a Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Positive Cash Flow Provides Limited Downside | New ownership will immediately collect rent from tenant and be cash flow positive
- Less Than a Mile from Natchitoches Regional Medical Center Hospital With ±100 Beds, 24 Hour Emergency Room, and over 750 employees
- Signalized Intersection of Hwy 1 and Keyser Ave (19,585 VPD) with Dual Access
- Strategically Positioned Between a Walmart Supercenter and Natchitoches Regional Medical Center
- Compelling 2020 Demographics of ±23,638 Residents with Average Household Income of $47,948 within a 5-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,600 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.45 AC
Zoning
C-1 - General Commercial Zone
Parking
20 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
269’ on South Dr & Keyser Ave
Property Taxes
| Parcel Number | 0011288390 | Improvements Assessment | $81,590 |
| Land Assessment | $23,340 | Total Assessment | $104,930 |
Property Taxes
Parcel Number
0011288390
Land Assessment
$23,340
Improvements Assessment
$81,590
Total Assessment
$104,930
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