1501 Highway 90 East

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1501 Highway 90 East

Morgan City, LA 70380
Asking Price
$880K
Cap Rate
5.36%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Retail | 5.36% CAP | 1,817 SqFt <ul><li>​LARGEST U.S. FRANCHISEE OF DOMINO'S</li><li>​NEW 5 - Year Option | ABSOLUTE NNN | EXISTING 10 Years Business</li><li>​Subject to Seller's 1031 Exchange</li><li>​Approximately May 21, 2010</li></ul>

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NOI
$80,000
Cap Rate
9.09%
DSCR
1.53
Strong
Cash-on-Cash
10.51%
Monthly Payment
$4,353.76
Annual Cash Flow
$27,754.882

Location & Travel Times