For Sale
$918,000

712 Fair AveWinnsboro, LA 71295

High-Income NNN Property, National Tenant

Overview

Added:
Feb 3
Days on market:
61
This exceptional commercial property at 712 FAIR AVENUE, Winnsboro, LA, presents a compelling investment opportunity. The 3,915-square-foot building is currently leased to a national tenant under a triple-net lease (NNN), generating a monthly income exceeding $9,000 with annual rent escalation. This ensures a stable and growing revenue stream for the investor. The property's versatile space is suitable for a variety of businesses. A welcoming lobby and a private bathroom cater to both staff and clients. Ample parking is provided, enhancing accessibility and convenience. The building's location in Winnsboro, LA, offers excellent visibility and accessibility for customers. This NNN investment property is an attractive option for investors seeking a secure, high-yield return. The current tenant's long-term lease provides stability and predictability, minimizing vacancy risk. The annual rent escalation clause further protects the investor's return against inflation. The property's features, combined with its strong tenant and favorable lease terms, make it an ideal investment for both experienced and new investors. The property is situated on a lot with no acreage specified. This turnkey investment requires minimal management, making it an attractive option for passive income seekers. The property's size and layout offer flexibility for future expansion or adaptation to changing business needs.

Property Details for 712 Fair Ave

Property type
Square Feet
3,915 SF

Location Insight

City
Winnsboro
County
FRANKLIN
State
Louisiana
Latitude
32.16989
Longitude
-91.72388
712 Fair Ave, Winnsboro, Louisiana

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712 Fair Ave
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