Two buildings totaling ±7,435.5 SF buildings on just under an acre. WALT: The weighted average lease term is 7 years. |
63% leased by 3 high-credit sticky government tenants. 37% leased by 2 internet resistant wellness tenants. |
Tenants benefit from retail type exposure on Bayou Boulevard. Traffic count 35,500 average per day. |
New lighted monument sign promoting tenants. Included billboard has 17 years remaining on the lease. |
$1 million renovation including new roof, exterior paint and lighting |
All leases initiated or renewed post Covid |