Minden, LA
Price:
$ 3,611,111
CAP Rate:
9.00%
NOI:
$ 325,000
Lease Term Remaining Before Options:
8 Years
- The nearest alternative Walgreens location is situated more than 26 miles away, while this particular Walgreens property demonstrates a significant annual foot traffic advantage, exceeding the CVS property directly across the street by over 100,000 visits, according to data from Placer.ai.
- This Walgreens is positioned on Homer Road, the main retail corridor in Minden and the surrounding communities with numerous national and regional retailers.
- 1.1 Mi E of Minden Medical Center, a 161 bed acute care facility, being the only hospital serving a population of more than 70,000 people.
- Walgreens has been operating at this location for approximately 12 years.
Price:
$ 3,611,111
CAP Rate:
9.00%
NOI:
$ 325,000
Lease Term Remaining Before Options:
8 Years
