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1200 South 5th Street
Leesville, LA 71446
Asking Price
$1.03M
Cap Rate
7.5%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
<p>● Offered at $1,026,667, representing a 7.50% capitalization rate. </p><p>● The tenant recently signed an early extension to the lease, showing their past success & long-term commitment to the location. </p><p>● The site ranks in the top 78th percentile in brand ranking for the state of Louisiana, as per AlphaMaps. </p><p>● The asset has a lease with approximately ±11.50 years of remaining lease term, scheduled to expire on 12/31/2037 </p><p>● The lease provides two 5-year renewal options, ea
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NOI
$80,000
Cap Rate
7.79%
DSCR
1.31
Strong
Cash-on-Cash
6.18%
Monthly Payment
$5,079.388
Annual Cash Flow
$19,047.342
