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This Retail Property is no longer advertised on LoopNet.com.

1980 W Main St
Lutcher, LA 70071

Regions Bank - New Orleans MSA · Retail Property For Sale

Investment Highlights

  • Regions Bank Building With 7+ Years Remaining - 18.3% Pro Forma CAP Rate - Very Strong Deposits - Contact Agent for More Details
  • Corporately Guaranteed Lease, Investment Grade Tenant Boasting an S&P Credit Rating of BBB+
  • Situated on Hard Corner With Combined Traffic Counts of 10,148+ VPD
  • 2nd Tenant Vacancy Leaving Great Opportunity to Re-tenant
  • Site Feature Free Standing Drive-Thru ATM
  • Established Regions Bank Branch, Operating at Current Location Since 1992

PROPERTY FACTS

Property Type
Retail
Building Size
14,211 SF
Building Class
C
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.39 AC
Parking
67 Spaces (4.71 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
200129400
Land Assessment
$12,000
Improvements Assessment
$58,067
Total Assessment
$70,067
  • Listing ID: 22683555

  • Date on Market: 4/8/2021

  • Last Updated:

  • Address: 1980 W Main St, Lutcher, LA 70071

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