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82020 Hwy 25 Hwy Folsom, LA 70437

For Sale
$847,083

High-yield NNN property, 10,000 sq ft.

Property size:
10,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
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.

Property Features for 82020 Hwy 25 Hwy

General Information

Property type
Other commercial real estate
Square Feet
10,000 SF

Building Details

Year Built
1992

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Folsom
County
Washington
State
Louisiana
Longitude
-90.18513
Latitude
30.62217

FAQs

What type of property is this?
Commercial real estate - High-yield NNN property, 10,000 sq ft.
Where is this commercial real estate located?
The property is located at 82020 Hwy 25 Hwy Folsom, LA.
What is the asking price?
The asking price for this property is $847,083.
More about this property
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