For Sale
$847,083

82020 Hwy 25 Hwy Folsom, LA 70437

High-yield NNN property, 10,000 sq ft.

Overview

Added:
Feb 3
Days on market:
82
This exceptional investment opportunity presents a 10,000 square foot general commercial property located at 82020 Highway 25, Folsom, Louisiana. The property is offered at $847,083 and boasts a compelling 6% capitalization rate. This is a triple-net (NNN) lease arrangement, meaning the tenant is responsible for all property expenses including property taxes, insurance, and maintenance, minimizing the owner's operational responsibilities. The building's size and location make it suitable for a variety of commercial uses, presenting a strong potential for long-term rental income and appreciation. The property sits on a lot with no acreage specified. Given the attractive cap rate and the inherent advantages of an NNN lease, this property represents a solid investment opportunity for discerning buyers seeking a low-maintenance, high-return commercial asset in a desirable location. The property's strong financial performance and minimal operational burden make it an ideal addition to any diversified investment portfolio. Further due diligence is encouraged to fully assess the potential of this promising investment. Interested parties should conduct their own independent verification of all information provided.

Property Details for 82020 Hwy 25 Hwy

Property type
Commercial real estate
Square Feet
10,000 SF
Year Built
1992

Location Insight

City
Folsom
County
Washington
State
Louisiana
Latitude
30.62217
Longitude
-90.18513

FAQs

What type of property is this?
Commercial real estate - High-yield NNN property, 10,000 sq ft.
Where is the commercial real estate located?
The property is located at 82020 Hwy 25 Hwy Folsom, LA.
What is the asking price?
The asking price for this property is $847,083.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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82020 Hwy 25 Hwy
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