1/5

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1/5

Franklinton, LA 70438
Asking Price
$320K
Asset Type
Retail
Class
Class B

What's Special

1/5 Franklinton represents a commercial retail opportunity situated in the heart of Washington Parish. Located within the central business district, the property is positioned near the intersection of major local thoroughfares, providing straightforward access for regional commuters. The surrounding neighborhood is characterized by a mix of established local businesses, government offices, and residential pockets. Nearby amenities include the Washington Parish Courthouse, local dining establishments, and essential service providers. The location benefits from steady pedestrian traffic and proximity to Louisiana Highway 25, a primary arterial route connecting Franklinton to Covington and surrounding areas. The asset is suitable for a variety of retail applications, including boutique storefronts, specialty dry goods, or professional service offices. Its layout and central positioning make it an appropriate match for local entrepreneurs or regional retailers seeking visibility in a stable rural market. The typical tenant profile includes service-oriented businesses such as insurance agencies, beauty salons, or small-scale general merchandise stores that benefit from proximity to civic hubs. With its functional street-front presence, the property supports businesses requiring consistent exposure to both local residents and visitors conducting business at nearby parish facilities.

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NOI
$80,000
Cap Rate
25.00%
DSCR
4.21
Strong
Cash-on-Cash
63.54%
Monthly Payment
$1,583.185
Annual Cash Flow
$61,001.775

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