2950 Ryan Street

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2950 Ryan Street

Lake Charles, LA 70601
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Retail | 5,000 SqFt <ul><li>​5K SF Center Shadow-anchored by Dominant, Grocery-anchored Community Center.</li><li>​The available 5,000 square foot building (Phase II) is adjacent to Southgate shopping center, which features 157,818 square feet of premier retail space and fourteen (14) tenants including Market Basket, Dollar Tree, Office Depot and Books-a-Million among others.</li><li>​Value-Add Opportunity with Strong Placer.ai Rankings.</li><li>​Currently 80% leased, the 5,000 SF Southgate Phase II building is a 3

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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