For Sale
$585,000

8155 Highway 165Columbia, LA 71418

18,800 SF, Hwy 165, High Income Potential

Overview

Added:
Feb 3
Days on market:
61
This exceptional 18,800-square-foot retail property, situated on 1.9 acres of land at 8155 Highway 165 in Columbia, Louisiana, presents a lucrative investment opportunity. Currently occupied by Roses Express Discount Store under a lease agreement extending to September 30, 2026, with two three-year renewal options at a 6% increase per renewal, this property boasts significant income potential. The existing lease alone provides a strong foundation for return on investment. Further enhancing its value is a newly signed 25-year billboard lease agreement projected to generate an additional $3,000 to $5,000 in annual income. Recent, substantial improvements have been made to the property, significantly extending its lifespan and reducing operating costs. The entire 18,800-square-foot roof has undergone a complete overhaul. This included sealing all seams, applying a flexible waterproof polymer coating, and finishing with a reflective white paint. These upgrades are estimated to extend the roof's life by 10 to 15 years and reduce HVAC expenses through improved energy efficiency. The property's prime location on Highway 165 ensures high visibility and accessibility, making it an ideal investment for discerning buyers seeking a stable, income-generating asset with significant long-term growth potential. Detailed lease information is available upon request.

Property Details for 8155 Highway 165

Property type
Retail properties
Square Feet
18,800 SF
Year Built
2002
Lot Size (sq. ft)
82,764 SF

Location Insight

City
Columbia
County
CALDWELL
State
Louisiana
Latitude
32.07174
Longitude
-92.09422
8155 Highway 165, Columbia, Louisiana

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8155 Highway 165
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