Retail    

Rouses Supermarket

 Larose, LA

Asking Price

$2,694,317

Cap Rate

7.25%

Icons_NNN-Icon

Expenses

NNN

Icons_YrBuilt-Hammer-Icon

Year Built | Ren.

2014 | 2019

Icons_Lease-Icon

LTR

15 Years

Icons_AvgHHI-Icon

Avg HHI

$74,047 (5-Miles)

Icons_BuildSize-SqFt-Icon

Square Feet

26,417 SF

For more details on this exclusive listing

DOWNLOAD OM

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Strong Corporate Credit Guaranteed by Rouses Enterprises, Inc
  • Brand New 15-Year Lease with Six (6), Five (5) Year Options
  • Located Along Highway 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

Colin Couch

Vice President
  ccouch@northmarq.com      404.823.6376

Tyler McCain

Investment Sales Analyst
  tmccain@northmarq.com   

In Association With
Bradley Pepin

LA Lic. #BROK.0995687899-ASA

Northmarq

3414 Peachtree Rd NE, Suite 900
Atlanta, GA 30326


northmarq.com

©2023 Northmarq
Privacy Policy Terms & Conditions