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Country Club Plaza 803-865 Brownswitch Rd
64,686 SF 85% Leased Retail Building Slidell, LA 70458 £3,392,700 (£52/SF) 9.91% Net Initial Yield
Investment Highlights
- 9.91 Percent Day-One Cap Rate
- 6.89 Acre Land Parcel: Further Upside May Be Possible Through Development or Sales of Pad Sites
- Mix of National and Regional Credit Tenants
- 13 Percent Pro Forma Cap Rate | Upside Through Leasing 9,837 Square Feet of Vacancies
- Price Below-Replacement Cost at $66 Per Square Foot
Executive Summary
• 13 Percent Pro Forma Cap Rate | Upside Through Leasing 9,837 Square Feet of Vacancies
• 6.89 Acre Land Parcel: Further Upside May Be Possible Through Development or Sales of Pad Sites
• Price Below-Replacement Cost at $66 Per Square Foot
• Mix of National and Regional Credit Tenants
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | - | - |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | - |
Annual Per SF | - |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalised Intersection
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
The year was 1982. Jim Disbrow and Scott Lowery had recently moved to Ohio from Buffalo, New York. All was fine until one day when the two were craving wings. Not just ordinary wings, but authentic Buffalo, New York-style chicken wings. With none to be found nearby, Jim and Scott had two choices: road trip to New York, or open a wing joint close to home. Lucky for them, they chose the latter. Hence, the beginning of Buffalo Wild Wings & Weck, now Buffalo Wild Wings®, the welcoming neighborhood atmosphere with a front-row seat for every sports fan that offers 21 mouth-watering signature sauces and seasonings.
CLUB4 Fitness is a membership-oriented health facility offering a wide array of classes and equipment that allow their members to achieve their health and fitness goals. At every CLUB4 Fitness location, one will enjoy the best workout classes with outstanding service and an unbeatable atmosphere. With beautifully designed facilities and a diverse selection of machines and equipment, CLUB4 Fitness offers a truly unique experience.
Super Relax Nail Spa is a local nail salon located within the Country Club Plaza in Slidell, Louisiana.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Accommodation and Food Services | - | - | - | Jan 0000 | ||
Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 | ||
Service type | - | - | - | Jan 0000 |
PROPERTY TAXES
Parcel Number | 83298 | Improvements Assessment | £335,088 |
Land Assessment | £46,880 | Total Assessment | £381,968 |
PROPERTY TAXES
Presented by
Country Club Plaza | 803-865 Brownswitch Rd
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