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1200 S 5th St
Leesville, LA 71446

$933,333 USD

Freestanding For Sale  •  7,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,000 SF
  • Lot Size 0.84 AC
  • Building Class C
  • Year Built 2000
  • Tenancy Single
40 Walk Score

Highlights

The tenant recently signed an early extension to the lease, showing their past success & long-term commitment to the location.
The site ranks in the top 78th percentile in brand ranking for the state of Louisiana, as per AlphaMaps.
The asset has a lease with approximately ±11.50 years of remaining lease term, scheduled to expire on 12/31/2037
The lease provides two 5-year renewal options, each featuring 10% rent escalations, supporting future income growth over an extended hold period.
NN lease structure with the landlord responsible for roof, lot, structure, and 1/2 of HVAC over $500
The property consists of a ±7,000 SF building situated on a ±0.84 acre parcel with 28 parking spaces
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services