28534 Highway 23 | Port Sulphur, LA 70083
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28534 Highway 23
Port Sulphur, LA 70083
Family Dollar · Retail Property For Sale
Investment Highlights
- Bite sized deal priced at an extremely attractive 9% cap rate
- Corporately guaranteed lease
- Long operating history – Family Dollar has successfully operated at this location since 2006
- Excellent visibility and access off Highway 23, which leads to downtown New Orleans
- Five, 5-Year renewal periods remaining all of which include attractive 10% rental increases
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,489 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.71 AC
Zoning
C-2
Links
PROPERTY TAXES
Parcel Number | 1203850 | Improvements Assessment | $67,401 |
Land Assessment | $3,676 | Total Assessment | $71,077 |
PROPERTY TAXES
Parcel Number
1203850
Land Assessment
$3,676
Improvements Assessment
$67,401
Total Assessment
$71,077
Learn More About Investing in Retail Properties
Listing ID: 28386449
Date on Market: 5/3/2023
Last Updated:
Address: 28534 Highway 23, Port Sulphur, LA 70083
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