208 FRANKLIN DR

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208 FRANKLIN DR

WEST MONROE, LA 71292-9416
Asking Price
Contact for price
Asset Type
Auto Shop Retail
Class
Class B

What's Special

12.6± Acre I-20 Frontage Industrial Property — 12,260± SF Buildings — Triple Net Lease at $19,899.50 <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Address: 208 & 210 Franklin Drive, West Monroe, LA 71292</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Lot Size: 12.6± acres</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Building Area: 12,260± square feet</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Lease Type: Triple Net Lease (NNN)</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Current Rent: $19,899.50 per month</span></li><li>​<span style="color: rgba(0, 0, 0, 1)"

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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