3080 Rosenwald Rd, Baton Rouge, LA 70807
$29+/SF
Commercial property for sale
Added: 06/07/2012
Last Update: 07/18/2012
3080 Rosenwald Rd
Baton Rouge, LA
70807 US
Contact info
- 225-766-0000 [Office]
Description
Agent/Owner NNN leased to UPS. owner maintains roof and structural. United Parcels Service (UPS) has leased this property for several years and the current term runs through January 2020. Rent is $3000/month this year and escalates each year up to $4000/month. Clearly the rent is extremely low which leaves a significant opportunity for incredible cash flows in the future. This investment is a great safe haven for those who would like to build wealth in assett value and yet yeild a cash on cash return higher than loan rated. 6% CAP rate today Building price details: $595,000.
Property Details
- Type: Retail
- Use Types:Mixed Use, Post Office, Other
- Status: Available
- MSA: Baton Rouge
- Zoning: commercial
- Buildings: 1
Terms
- Cash to Seller