4180 Gerstner Memorial Drive
Lake Charles, LA
Price:
$2,047,000
Cap Rate:
5.50%
NOI:
$112,569
Building Size:
Approx. 7,453 Sq. Ft.
Lot Size:
Approx. 1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Parts
Year Built:
2023
Investment Overview
- 2023 Construction. 7,453+/- SF Building on 1.0+/- 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 Location off of Gerstner Memorial Dr. (17K VPD) Near E McNeese St (11K VPD)
- Subject Property is Within 0.5 Miles of 3 National Car Dealerships
- O’Reilly Auto Parts has an S&P BBB+ Credit Rating & More Than 6,000 Locations
- Lake Charles | Home to More Than 75 Annual Festivals | Population: 81,000+