712 Fair Ave Winnsboro, LA 71295-2128

Property Details for 712 Fair Ave

Lot size

2.00 lot acres

Property type

Investment properties

Property subtype

Retail residential properties

APN

0710783600E

APU

0710783600E

Description

This exceptional commercial property at 712 FAIR AVENUE, Winnsboro, LA, presents a compelling investment opportunity. The 3,915-square-foot building is currently leased to a national tenant under a triple-net lease (NNN), generating a monthly income exceeding $9,000 with annual rent escalation. This ensures a stable and growing revenue stream for the investor. The property's versatile space is suitable for a variety of businesses. A welcoming lobby and a private bathroom cater to both staff and clients. Ample parking is provided, enhancing accessibility and convenience. The building's location in Winnsboro, LA, offers excellent visibility and accessibility for customers. This NNN investment property is an attractive option for investors seeking a secure, high-yield return. The current tenant's long-term lease provides stability and predictability, minimizing vacancy risk. The annual rent escalation clause further protects the investor's return against inflation. The property's features, combined with its strong tenant and favorable lease terms, make it an ideal investment for both experienced and new investors. The property is situated on a lot with no acreage specified. This turnkey investment requires minimal management, making it an attractive option for passive income seekers. The property's size and layout offer flexibility for future expansion or adaptation to changing business needs.

Location Insight

City

Winnsboro

County

Franklin

State

Louisiana

Longitude

-91.7233

Latitude

32.17

Property Tax & Assessments