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443 Corporate Dr., Houma, LA 70360

Commercial property for sale

  • Description
  • Absolute net leased investment property in Houma, LA for sale at a 10% CAP. Property is a stand alone build to suit for The Workout Company, a health club with locations in Houma and Raceland. It is located just off of Martin Luther King Blvd., which is home to Wal Mart, Target, Best Buy, Lowe's, Home Depot, Office Depot, and many more large national retailers. Property is also located directly infront of a brand new 248 unit apartment complex. Ten year base term commenced October 1, 2011. Current annual base rent is $132,000. Annual rent to increase to $138,600 in Year 6. Tenant is responsible for all taxes, insurance, maintenance, and repairs, including the roof, HVAC, structure, foundation, etc. PLEASE DO NOT DISTURB TENANT!!! Building price details: $1,297,500.
  • Property Details
  • Property Type: Retail
    Use Types: Free-Standing Building
    Status: Available
    Price: $ 128 +/SF
    MSA: Houma-Bayou Cane-Thibodaux
    Buildings: 1
    Tenancy: Single Tenant
    Terms: Cash to Seller
    Added: 12/12/2011
    Last Update: 01/02/2013
  • Contact info
  • 225-753-3573 [Office]
  • Note

  • Details Info about this row that located on 443 Corporate Dr., Houma, LA 70360 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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