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112 S Morrison Blvd
Hammond, LA 70403

Take 5 Oil Change Ground Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute Triple-Net (NNN) Corporate Ground Lease with Take 5 Oil Change
  • 2% Annual Rental Increases
  • Located at High Traffic Intersection (56,300+ Cars/Day)
  • 9 Years Remaining on Lease Term - Tenant Extended the Lease for an Additional 10 Years in 2019
  • 61,862 Residents within a 5-Mile Radius - Growing Hammond Trade Area
  • Situated in Dense Retail Corridor - Walmart, Winn-Dixie, Albertsons, Planet Fitness, Lowes, Hobby Lobby, Save-A-Lot, and More

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,165 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.15 AC

PROPERTY TAXES

  • Listing ID: 20996562

  • Date on Market: 9/18/2020

  • Last Updated:

  • Address: 112 S Morrison Blvd, Hammond, LA 70403