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1266 Grimmett Drive
Shreveport, LA 71107
Asking Price
$150K
Asset Type
Special-purpose
Class
Class B
What's Special
Well established businesses are surrounding this property. Perfect for a convenient store-gas statio <p><span style="color: rgba(34, 34, 34, 1)">Well established businesses are surrounding this property. A convenience store and-or a gas station are approved under the current zoning regulations. Also zoned for storage facilities. The property used to do $100,000 annually in sales in food alone from the Deli. The tanks and gas pumps are in working condition. The building needs some work.</span></p>
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NOI
$80,000
Cap Rate
53.37%
DSCR
8.99
Strong
Cash-on-Cash
158.11%
Monthly Payment
$741.623
Annual Cash Flow
$71,100.519
