Valero for Sale in Shreveport, LA
Shreveport, LA
Key Investment Metrics
Price
$800,000
Cap Rate
8.3%
Net Operating Income
$66,000
Building Size
1152 SF
Land Area
0.52 Acres
Remaining Term
2.2 years
Lease Expiration
09/16/2028
Lease Term
10.1 years
Lease Commencement
08/15/2018
Year Built
2004
Occupancy
Vacant
Tenancy
Vacant
Rent Increases
No
Property overview
Valero in Shreveport
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 1,152 SF
- Land area
- 0.52 acres
- Year built
- 2004
- Lease expiration
- 09/16/2028
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.