Triple Net Lease (NNN Lease) in place. Tenant has recently completed an extensive interior renovation and executed a five-year primary lease with one (5) five-year option to extend. Tenant has responsibility for any and all repairs associated with property and is responsible for property taxes.
Lease in place is $4,200 a month + Property Taxes.
NOI is: $4,200 a month or $50,400 annually.
Sales Price reflects a 7.77% CAP Rate.
Seller is a licensed agent under TREC - License number is 537383.
Listing Agent: Sandra Williams Courtesy of: Mersal Realty Copyright 2022, Northwest Louisiana Association of Realtors. All Information provided is deemed reliable but is not guaranteed and should be independently verified. Updated: 29th September, 2022 10:08 PM (UTC)
For ADA assistance, please email email@example.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information you seek through an alternate communication method.