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Neighborhood center for sale at four way stop, excellent frontage facing visibility. Average occupancy 90%. The center is block construction, parking in the rear–-the perfect way to invest booming Gonzales. The specialty center focuses on bringing quality beauty/skin care tenants to the local market. Current rents are $3,345.00 on a modified gross structure. Property offered at a 6.5% CAP. For more detailed financials, submit signed NDA (attached in listing docs). 130' frontage on N. Burnside Ave., 100' at E Ascension St.
Similar Listings
$475,000
5
3
4,218 Sq ft
ACTIVE
MLS# 2023009063
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Listing information provided courtesy of the Greater Baton Rouge Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 7th June, 2023 3:10 PM (UTC)
Listing Agent: Mike Gennaro, CCIM
Listing Office: Gennaro Realty
Attribution contact: 225-324-9515 | 225-931-3111