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1910 Main St
Franklin, LA 70538

$2,128,266 USD

Freestanding For Sale  •  3,600 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,600 SF
  • Lot Size 0.33 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning C1
0 Transit Score
38 Walk Score

Highlights

14 Years Remaining on Triple Net (NNN) Lease With Minimal Landlord Responsibilities For Structure and Load Bearing Walls
Corporate Guarantee From FP UC Holdings, LLC
Average Household Income of $54,217 Within a 5-Mile Radius
Located Directly on Main St Which Sees Over 22,163 VPD
Three (5) Year Option Periods with 10% Rental Increases at Year 6 and 11 & Option Periods
Stable Regional Tenant Undergoing Rapid Growth
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Fast Pace Health 3,600 SF 3/31/2037

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes
Kaveh Ebrahimi 805-889-7837 Helios Investment Services
Kaveh Ebrahimi 805-889-7837 Helios Investment Services