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107 Highway 1 North
Oil City, LA 71061
Asking Price
$1.13M
Cap Rate
7.5%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Retail | 7.50% CAP | 9,014 SqFt <ul><li>Net lease structure with minimal landlord responsibilities</li><li>4, 5 year options reamin with scheduled 10% rent increases</li><li>Close proximity to recently announced Amazon AI data center, a 12 billion dollar investment</li><li>The Tenant recently installed four new HVAC systems, representing a significant capital investment that underscores their commitment to the location and intention to operate at this site long term</li><li>Having operated at this location for over 15 yea
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NOI
$80,000
Cap Rate
7.11%
DSCR
1.20
Tight
Cash-on-Cash
3.90%
Monthly Payment
$5,568.8
Annual Cash Flow
$13,174.404
