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122 S Airline Hwy
Gonzales, LA 70737
Asking Price
$4.79M
Cap Rate
8.24%
Asset Type
Storefront Retail
Class
Class B
What's Special
Ascension Plaza: Fully Occupied Walmart-Shadowed Retail Investment <p><strong style="color: rgba(17, 24, 39, 1)">Sale Brochure </strong><u style="color: rgba(17, 24, 39, 1)"><a href="https://buildout.com/sharing/122-s-airline-hwy?file=4233954" target="_blank">https://buildout.com/sharing/122-s-airline-hwy?file=4233954</a></u></p><p><span style="color: rgba(3, 7, 18, 1)">Ascension Plaza is a 24,300 SF retail center located along Airline Highway in Gonzales, near Walmart Supercenter, Rouses Market, and Cornerview Plaza.</span></p><p></p><p><span style="color: rgb
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NOI
$80,000
Cap Rate
1.67%
DSCR
0.28
Underwater
Cash-on-Cash
-14.22%
Monthly Payment
$23,695.833
Annual Cash Flow
$-204,349.993
