Franklin, LA 70538

Walgreens

Property Address

2030 Main Street, Franklin, LA, USA

Offering Summary

  • Price: $4,935,000
  • Lot Size: 1.61 Acres
  • Cap Rate: 6.10%
  • Year Built: 2014
  • Building SF: 14,820
  • Status: In Escrow
Download Brochure Submit Offer
  • Absolute Triple-Net (NNN) Corporate Lease with Walgreens
  • Approx. 12.5 Years Remaining on Lease Term with 11, 5 Year Renewal Options
  • Signalized Location at the Corner of Main Street and Northwest Boulevard, Visible to 14,200 Cars/Day
  • Less Than 2 Miles off the US Hwy 90 (21,300 Cars/Day), a Major Connector with Direct Access to Lafayette and New Orleans
  • Site is the Only CVS or Walgreens within 25 Miles - Limited Competition
  • Across from Walmart and Super 1 Foods
  • Surrounded by National Retailers - Burger King, McDonald’s, Dollar Tree, and More
  • Located 1 Mile Down Northwest Boulevard from Franklin Foundation Hospital
  • 13,082 Residents and 9,973 Daytime Employees within a 5-Mile Radius

Broker Information