82020 Hwy 25 HwyFolsom, LA 70437

Property Details for 82020 Hwy 25 Hwy

Year built

1992

Property size (Sq ft)

10,000 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Folsom

County

Washington

State

Louisiana

Latitude

30.6222

Longitude

-90.1851

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