Friday, December 19, 2014

AVAILABLE! 9.13% Cap, Absolute NNN Bank in New Orleans, LA

Investment Highlights

Price: $2,962,000 - CAP Rate: 9.13%
  • Absolute Net Lease - No Landlord Responsibilities
  • Corporate Guarantee from the Largest Retail Credit Union in the World with over $54B in Assets
  • Three Percent Annual Rent Increases
  • Four Years Remaining on Term with Two, Five-Year Options for Renewal
  • Located on the Hard Corner of Highway 23 and South Concord Road - 0.5 Miles from the Naval Air Station Joint Reserve Base New Orleans
  • NAS JRB is 20 Minutes South of Downtown New Orleans

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