CVS Pharmacy - Shreveport, LA

10460 Norris Ferry Road, Shreveport, LA

$5,800,000

Price

13,225 sqft

Building Size

2.78 sqft

Lot Area

Gallery
Street
Map
Overview
Building Size
13,225 sqft
Lot Area
2.78 sqft
Occupancy
100%
Lease Type
Triple Net
Year Built
2016
Lease Expire Year
1/31/2043
Highlights
  • 3.901% loan that fully amortizes prior to the expiration of the lease and contains pay-down/re-advance feature, allowing an investor to meet a larger exchange requirement and purchase the asset for limited equity.
  • Highly leveraged in-place assumable financing - great for debt replacement in a 1031 exchange
  • 25-year original lease term with approximately 19 years remaining
  • Lease type: Absolute Net - zero landlord responsibilities
Documents
Title
CVS_Shreveport_LA_OM_ZCF_July2023.pdf
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Location
Gallery