Retail    

Rouses Supermarket

 Golden Meadow, LA

Asking Price

$2,814,000

Cap Rate

10.00%

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Expenses

NNN

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Year Built | Ren.

2012 | 2019

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LTR

15 Years

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Avg HHI

$70,536 (15 Min)

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Square Feet

24,705 SF

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Strong Corporate Credit Guaranteed by Rouses Enterprises, Inc
  • Brand New 15-Year Lease with Six (6), Five (5) Year Options
  • Located Along Hwy 1 Providing Last Stop Service to Port Fourchon
  • Exceptional Store Sales with a Rent/Sales Ratio of Only 1.5%
  • Recent Capital Improvements Featuring a Brand-New Roof which Includes a 20-Year Warranty
  • Strong Submarket Fundamentals with Over 9M SF in Inventory with a Vacancy Rate of 2.2%

Exclusively Listed By

Jason W. Powell, CCIM

Senior Vice President
  jpowell@northmarq.com      404.823.6754

Max Van Dresser

Associate Vice President
  mvandresser@northmarq.com      404.823.6377

In Association With
Bradley Pepin

LA Lic. #BROK.0995687899-ASA

Northmarq

3414 Peachtree Rd NE, Suite 900
Atlanta, GA 30326


northmarq.com