Building Details

Year Built 2019

Tenancy Single

Listing Agency: KPG Realty, LLC b***@gmail.com Show Phone

Listed By: Brent Cordell · License #995690890 Show Phone

Source: Exprealty

Added: Oct 7 Changed: Oct 10 Last Checked: Oct 10 at 2:58AM

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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 KPG Realty, LLC

Investment Insights

Based on property information with market context.

Built in 2019 on approximately 0.25 acres, this commercial property is fully leased to CIP. The tenant occupies the asset under a NNN lease with a current five-year term running from October 2023 through September 2028, followed by a five-year renewal option. The lease provides for 3% annual rent increases.

The NNN structure assigns property taxes, insurance, and common-area and operating expenses to the tenant. The property is located at 594 Behrman Highway in Terrytown, Louisiana.

Key Highlights

• 100% leased to CIP
• Constructed in 2019 on approximately 0.25 acres
• NNN lease term runs from October 2023 through September 2028

Property Analytics

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Current Use

Pediatrician at Children's International ... Pediatrician Children's International Pediatrics Pediatrician Dr. Paul Linker Pediatrician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Auto Parts Store

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

100%

Occupancy

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

434

Businesses Nearby

Explore this area Business Placement

Demographics for 70056, LA

41,498

Population

15,784

Households

2.6

Avg Household Size

36

Median Age

28%

College-Educated

87%

High-School Grad

6.8 sq mi

ZIP Area

6,103

Density / Sq Mi

$61,831

Median Household Income

$36,062

Median Earnings

$1,163

Median Rent

$223,000

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - CIP occupies the property under a triple-net lease with scheduled annual rent increases.

Where is this nnn property located?

The property is located at 594 Behrman Hwy Terrytown, LA.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: 100% leased to CIP; Constructed in 2019 on approximately 0.25 acres; NNN lease term runs from October 2023 through September 2028