9385 LA-23

Belle Chasse, LA

Features of 9385 LA-23

Total Size
9,100 sqft
Zoning
Year Constructed
2004
Year Renovated
0
Building Class

About 9385 LA-23

Existing Dollar General, 10 years old, JUST renewed for 5 more years with rent increase. Great location right on Belle Chasse Hwy. Right outside entrance to Navy Base, no store sales available but always busy. On a long term (89 years to go) ground lease for $600/mo. CAP Rate already nets out this cost. Net is $4,000/mo. (face rate $4,600/mo.) and DG pays Taxes & Insurance. They also reimburse for "CAM" (cut grass essentially).and this is a wash.

Great investment for someone who wants "mailbox money".

Broker is part of the current ownership group and hereby discloses himself as an owner/agent. - Tenancy: Single Tenant

Internet Providers for 9385 LA-23

Provider Technology Max Download Speed Max Upload Speed
768 kbps: NEWWAVE Communications Cable
10 Mb/s
768 kbps
3 Mb/s: MegaPath Corporation Copper Wireline
3 Mb/s
3 Mb/s

The City: Belle Chasse

Belle Chasse
Median Rate
/sqft/yr
Greater New Orleans Region
Median Rate
$25
/sqft/yr

Median Rate over Time in Belle Chasse

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