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Absolute NNN Outparcel Building
For Sale
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101 W Main St, Homer, LA 71040

An auto-service tenant occupies the building under an absolute NNN lease.

Property SizeContact for details
Days on Market142

Property Features for 101 W Main St

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 15%

Building Details

Buildings 1
Tenancy Single
Listing Agency: Brookwood Capital Advisors - Hamd
Listed By: Ben Hamd · License #VA 02260227550
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brookwood Capital Advisors - Hamd

Investment Insights

Based on property information with market context.

This outparcel building is leased to a regional auto-service company under a three-year NNN agreement. The lease structure places landlord responsibilities with the tenant, and the property carries a reported 15% cap rate.

Additional on-site revenue comes from an ice machine and snow-cone stand that have operated at the property for more than 15 years. The asset is located at 101 W Main St in Homer, Louisiana.

Key Highlights

  • Absolute NNN lease with no landlord responsibilities
  • Three‑year NNN lease with a regional auto‑service company
  • Reported 15% cap rate

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Plumbing Service Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Sunrise Bakery Dining
2,201 visits/mo 0.2 miles

Demographics for 71040, LA

8,288
Population
3,416
Households
2.4
Avg Household Size
44
Median Age
11%
College-Educated
79%
High-School Grad
293.2 sq mi
ZIP Area
28
Density / Sq Mi
$31,962
Median Household Income
$21,936
Median Earnings
$680
Median Rent
$76,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - An auto-service tenant occupies the building under an absolute NNN lease.
Where is this nnn property located?
The property is located at 101 W Main St Homer, LA.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; Three‑year NNN lease with a regional auto‑service company; Reported 15% cap rate
More about this property
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