Asking Worth:
$1,500,000
Gross Income:
N/A
Worth/Sq. Ft.:
N/A
NOI:
$298,500
Constructing SF:
N/A
FF&E:
$200,000
Yr Constructed:
2003
Business Property with Four Revenue Streams
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Valuation Report
Property Description
Constructing might simply be re-purposed as a Local weather Managed Storage Middle
Benchmark Enterprise Brokers presents property on the market with 4 income facilities. This property, buildings and companies appraised in Could, 2017 for $2,820,000.
There’s Gross Leasable Space of 21,560 which features a C-store, Cheerleader and Sports activities Academy, restaurant (closed in April 2019) and RV park all on the property. The Cheer Academy presently pays $3,000 in month-to-month hire and has a Lease Settlement in place for 20 years.
The C-store has 6 extra months left on its Lease with present Lessee prepared to barter a brand new Lease for the long run. There are six, unbranded, lined, gasoline pumps and really clear restrooms within the c-store.
The restaurant is well-furnished with distinctive components, has excessive ceilings, an outside space with stage, bar and three personal eating rooms. Most or the entire furnishings, fixtures and gear will stay with the sale. Tools consists of however will not be restricted to; newer level of sale system with printers, giant walk-in cooler, Beverage Air Three door reach-in, hand-sinks, Three compartment sinks with drainboards, full HVAC, vent hoods with fireplace suppression, Hoshizaki ice machine, mixer, fryers, broiler, and quite a few miscellaneous gear and small wares. The restaurant is full and able to serve or it may be re-purposed.
There’s greater than 8,000 sq. ft that may very well be re-purposed as a Local weather Managed Storage heart having quite a few smaller items and/or giant items (for RVs, campers, boats, trailers, bikes, and so on.)
There’s a RV park on-site with 25 RV spots, presently there are 18 paying hire. The RV park has the potential to double in measurement by using a part of the property that’s undeveloped. Enhancements may be made to the park to additional improve visitors resembling putting in fountains, enhanced landscaping, create out of doors residing areas and supply facilities (grills, out of doors furnishings, playgrounds, and so on.)
Licensed by the Louisiana Actual Property Fee.
Agent is sponsored by Coldwell Banker Group One Realty.
2120 Cypress St., West Monroe, LA. 71291. (318) 362-0007
Licensed in Louisiana.
Every workplace is independently owned and operated.
Detailed Data
- Location:
- Monroe, LA
- Sort:
- Retail
- Constructing Standing:
- Established
- Furnishings, Fixtures, & Tools (FF&E):
- Included in asking value
- Amenities:
- The buildings had been inbuilt 2003 and transformed in 2016.
- Location Description:
- This property sits on roughly 4.9 acres on busy Hwy, I-65 North. Site visitors depend on this freeway is estimated to be 160,000+ automobiles per day. Property is 1.6 miles North of Century Hyperlink Company Headquarters. Century Hyperlink is the most important personal employer within the State of Louisiana. The property is lower than 1 mile from Frenchman’s Bend subdivision, a golf course group with roughly 600 excessive finish houses. There are a number of different neighborhoods surrounding the property with new development of residence complexes, workplace buildings and retail shops.The RV park caters to vacationers, development staff and fisherman. Black Bayou Lake Nationwide Wildlife Refuge is 1.2 miles away.
- Present and Prior Use:
- Cheer / Sports activities Academy, Comfort Retailer, Restaurant, RV Park. Grocery Retailer. Property might simply be re-purposed as a Local weather Managed Storage Middle with quite a few smaller items and/or bigger items (RVs, Campers, Boats, and so on.)
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Property
Listed By:
Marc In a position
Benchmark Enterprise Brokers
Present Cellphone Quantity
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Advert#:1692568
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