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JUBAN RD DENHAM SPRINGS LA 70726
DENHAM SPRINGS, LA 70726
Asking Price
$3.03M
Asset Type
Retail
Class
Class B
What's Special
4.97 AC Land for Sale <ul><li>Up to five acres available for sale, build-to-suit, or ground lease on Juban Road.</li><li>Located just south of I-12, these commercial tracts will be at the entrance of a new mixed-use development called Myrtle Grove.</li><li>Scheduled to break ground in late 2026.</li><li>This development will consist of commercial uses up front to complement the 148 single family homes / amenities in the rear.</li></ul>
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NOI
$80,000
Cap Rate
2.64%
DSCR
0.44
Underwater
Cash-on-Cash
-10.99%
Monthly Payment
$14,995.264
Annual Cash Flow
$-99,943.171
