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1804 Elton Rd
Jennings, LA 70546

Walgreens · Retail Property For Sale

Investment Highlights

  • WALMART SUPERCENTER OUTPARCEL – This Walgreens location is situated outparcel to a Walmart Supercenter just off Hwy-10 which boasts ±14,900 cars
  • DRIVE-THRU – This location features a Drive-Thru pharmacy which assists allows for additional revenue
  • GROUND LEASE – This Walgreens property operates under a ground lease which is uncommon for the brand and thus allows the landlord a management
  • RENTAL INCREASES – This location features attractive rental increases in the options which is very uncommon for the brand.

Executive Summary

Broker of Record
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,760 SF
Building Class
C
Year Built
2006
Price
£2,833,418
Price Per SF
£192
Net Initial Yield
8.25%
NOI
£233,757
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Lot Size
1.79 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

PROPERTY TAXES

Parcel Number 220068386 Improvements Assessment £157,153
Land Assessment £61,441 Total Assessment £218,594

PROPERTY TAXES

Parcel Number
220068386
Land Assessment
£61,441
Improvements Assessment
£157,153
Total Assessment
£218,594
 

  • Listing ID: 32113469

  • Date on Market: 12/06/2024

  • Last Updated:

  • Address: 1804 Elton Rd, Jennings, LA 70546

The Retail Property at 1804 Elton Rd, Jennings, LA 70546 is currently available for sale. Contact Research In Progress for more information.

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