2916 Hwy 80
Haughton, LA
Price:
$2,057,000
Cap Rate:
5.25%
NOI:
$107,991
Building Size:
Approx. 7,228 Sq. Ft.
Lot Size:
Approx. 1.25 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Parts
Year Built:
2022
Investment Overview
- 2022 Construction. 7,228+/- SF Building on 1.25+/- Acre Site
- Brand New 15 Yr Corporate Net Lease w/ (5) 5 Yr Renewal Options
- O’Reilly is a Recession-Resilient Tenant Experiencing Tremendous Growth
- Excellent Highway Location on Hwy 80 (13K VPD) Less Than 2 Miles from I-20 (600K VPD)
- Strong Income Demographics w/ est. $91,711 within a 1-Mile Radius
- Tenant has an S&P BBB+ Credit Rating w/ more than 5,750 Locations
- Shreveport | 3rd Largest City in LA | Population: 187,000+