Building Details:
• Year Built: 1970
2111 Williams Blvd is located in Kenner, LA.
Great New Price!
Solid cash-flow investment opportunity on heavily-traveled Williams Blvd.
Convenience store with gas station.
Contact agent for info, DO NOT approach tenant or employees
Modified net investment, current rent $4,000/mo with increase to $5,000/mo. 10.3% cap rate. Approx 9 years remaining on lease.
This is a real estate investment (modified NNN) and is leased to the business owner through 2019 with an option to renew at adjusted rent for an additional 5 years. The business is owned by the tenant and is not for sale.
Tenant pays taxes, insurance and most maintenance. Roof is new.
Approx 2500 sqft, lot 120x125.
Contact agent for info, DO NOT approach tenant or employees
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