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1804 Elton Rd
Jennings, LA 70546

Walgreens · Retail Property For Sale

Drug Stores Louisiana Jennings 1804 Elton Rd, Jennings, LA 70546

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
$3,597,078
Price Per SF
$244
Cap Rate
8.25%
NOI
$296,759
Tenancy
Single
Building Height
1 Story
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.

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PROPERTY TAXES

Parcel Number 220068386 Improvements Assessment $199,509
Land Assessment $78,000 Total Assessment $277,509

PROPERTY TAXES

Parcel Number
220068386
Land Assessment
$78,000
Improvements Assessment
$199,509
Total Assessment
$277,509
 

  • Listing ID: 32113469

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 1804 Elton Rd, Jennings, LA 70546

More public record information on 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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