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12518 Hwy 44
Gonzales, LA 70737 Ascension Parish

$1,088,505 USD

Auto Repair For Sale  •  6,787 SF

Property Details

• Property Type Auto Repair
• Total Building Size 6,758 SF
• Lot Size 0.78 AC
• Building Class B
• Year Built 1998
• Cap Rate 7.75 %
• Tenancy Single
• Zoning MU

0 Transit Score

37 Walk Score

Highlights

Absolute NNN lease with ±7.5 years remaining and zero landlord responsibilities.

Attractive 7.75% cap rate and $84,359 annual NOI for stable cash flow.

Corporate guaranteed lease by Advance Stores Company, Inc. (S&P BB).

±6,758 SF building on Highway 44 with ±19,000 vehicles per day.

5-mile population of ±91,940 and average household income of $118,856.

Advance Auto Parts is a national brand with over 4,700 locations.

Cap Rate:

7.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Advance Auto Parts

Public Transportation

Airport	Drive	Walk	Distance
Baton Rouge Metro Ryan Field	38 min	-	25.0 mi