Retail Storefront with Long-Term
321 Magnolia Ave Boutte, LA 70039
321 Magnolia Ave, Boutte, LA, 70039
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For Sale
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Pending
Single-tenant retail storefront occupied on a modified gross lease through 2024 with an extension option.
Days on Market102
Property Features for 321 Magnolia Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Acres Realty LLC
Listed by
Ross Perez · License #728384
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 5:26PM Checked: Jul 20 at 5:26PM
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Investment Insights
Based on property information with market context.
This property is a retail storefront currently occupied by DSI Performance Parts and Accessories. The tenant is in-place under a modified gross (MG) lease that ends in 2024, with an option to extend for an additional five years. The tenant is covering all expenses except taxes and maintenance, and has been at the location for over 15 years. The property is reported to be in fantastic condition and is described as needing no major repairs.
The offering is located at 321 Magnolia Ave in Boutte, Louisiana.
For buyers or tenants evaluating a retail acquisition, the practical setup is a long-tenured, single-occupant arrangement with MG expense responsibility in place and defined lease term/extension timing.
The offering is located at 321 Magnolia Ave in Boutte, Louisiana.
For buyers or tenants evaluating a retail acquisition, the practical setup is a long-tenured, single-occupant arrangement with MG expense responsibility in place and defined lease term/extension timing.
Key Highlights
- Single‑tenant retail storefront occupied by DSI Performance Parts and Accessories on a modified gross (MG) lease.
- Lease ends in 2024 with an option to extend for 5 years.
- Tenant covers all expenses except taxes and maintenance under the modified gross structure.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Single-tenant retail storefront occupied on a modified gross lease through 2024 with an extension option.
Where is this retail space located?
The property is located at 321 Magnolia Ave Boutte, LA.
What are key features of this property?
This property features: Single‑tenant retail storefront occupied by DSI Performance Parts and Accessories on a modified gross (MG) lease.; Lease ends in 2024 with an option to extend for 5 years.; Tenant covers all expenses except taxes and maintenance under the modified gross structure.
