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1530 SW Railroad Ave

Hammond , Louisiana 70403

Listing Type:
For Sale
Listing Price:
$3,650,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
Listing Status:
Active
Building Size:
37323 SqFt
Land Area:
4.50 Acres

Description:

Class “A” retail facility occupied by Harley Davidson dealership. This facility totaling 37,000 sf sitting on 4.5 improved acres has 339ft frontage on SW Railroad Ave and rear access from S Magnolia St. The facility is currently used as a motorcycle dealership and training facility and has been meticulously maintained. This is a great opportunity for an owner occupant with the Tenant having given notice to vacate the building in December 2022. Current investment opportunity offers a 7.7% CAP Rate. Sale shall include real estate only, all rights to Harley Davidson Dealership shall be reserved and retained by H-D U.S.A., LLC. and Harley Davidson Franchisee. Contact broker for additional information.
NNN Leased
7.8% CAP Rate
339 ft frontage
37,323sf Facility
4.597 Acre Lot
NNN Leased

Presented by:

Karl  Landreneau,  CCIM, SIOR

Director of Commercial Sales and Leasing

(225) 295-0800

(225) 252-3733

Click here to email

Listed by:

Baton Rouge

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