Belle Terre Blvd, Larose, LA 70373

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Building Details:

Belle Terre Blvd is located in Larose, LA.

Excellent Investment Opportunity
- Brand New Whitney Bank Building, For Sale by
the Developer.
- New 20 Year Build to Suit Recently Completed
- Triple Net Lease with a STRONG
Tenant (Whitney National Bank is the lead
operating unit of Whitney Holding Corporation, a
$10.1 billion one-bank holding company that has
been operating in the Louisiana market for the past
123 years. Standard and Poor#s Credit Rating of
BBB+)
- Go Zone Benefits, contact a tax professional.
- 4,200 Square Foot Building
- 1.22 Acre Hard Corner Site
- Average NOI: $190,450.00
- Sales Price: $2,930,000.00
- CAP Rate: 6.5%
- Average 2007 Population and Avg. HH Income:
- 1 mi: 11,312, $49,364
- 3 mi: 35,619, $56,850
- 5 mi: 43,511. $55,203
- This site is very well located on a hard corner
location on Belle Terre Blvd. , the predominant
4 lane artery that feeds Laplace, LA. The
immediate area has experienced sustained growth
in recent years due to its prime inland location and
relative proximity to the major metro areas of
Baton Rouge and New Orleans, Louisiana.

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