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3039 General Taylor Street
New Orleans, LA 70125
Asking Price
$325K
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Retail | 1,960 SqFt <ul><li><span style="color: rgba(3, 7, 18, 1)">Features a large retail space, a smaller secondary space, 2 storage rooms, 1 restroom</span></li><li><span style="color: rgba(3, 7, 18, 1)">Four blocks from the Magnolia Marketplace strip mall</span></li><li><span style="color: rgba(3, 7, 18, 1)">Seconds from S Claiborne Ave, which sees ±31,825 vehicles per day</span></li><li><span style="color: rgba(3, 7, 18, 1)">Zoned HU-RD2 - Historic Urban Two-Family Residential District</span></li></ul>
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NOI
$80,000
Cap Rate
24.62%
DSCR
4.15
Strong
Cash-on-Cash
62.26%
Monthly Payment
$1,607.923
Annual Cash Flow
$60,704.928
