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1832 Old Minden Road
Bossier City, LA 71111
Asking Price
$1.14M
Cap Rate
7.25%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 6.75% CAP | 5,150 SqFt <ul><li>8+ Years Remaining | 5% Rental Increases</li><li>Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities</li><li>Strong Frontage On Old Minden Rd | Just Off I-20 (99,400 VPD)</li><li>Dense Retail Node | Proximity To Hotels | Strong Tenant Synergy</li><li>Direct Residential Consumer Base | Strong Demographics In 5-Mile Trade Area</li></ul>
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NOI
$80,000
Cap Rate
7.01%
DSCR
1.18
Tight
Cash-on-Cash
3.58%
Monthly Payment
$5,645.045
Annual Cash Flow
$12,259.455
