loader
Join Free
Zeekin

America's Auto Auction

8000 U.S. 80, Shreveport, LA 71119

$3,840,000

Cap Rate 6.25%

Views: 30 DOM: 41 Updated: 11.01.24 Posted: 10.23.24 Status: Active

Summary

Price $3,840,000
Tenant America's Auto Auction
Cap Rate 6.25%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 20,660
Lease Start 09-01-2021
#Units 43
Price/SF $185.87
Expiration 08-31-2041
Tenant Type Industrial
NOI $240,000
R. Term 16.9
Ownership Fee Simple
Rent/SF $11.62
Increases 0.0%/0/yrs
Pop 5Mi 21,377
Lot/AC 20.00
Options 4/5yrs
AHHI 5Mi $73,607

Stratton Greig
Sands Investment Group
Contact

Austin Marsh
Sands Investment Group
Contact

Thomas Miller
Sands Investment Group
Contact

Will Beightol
Sands Investment Group
Contact

Lease Highlights

  • America’s Auto Auction has 16+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 2XCPI increases no greater than 10% every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease

Location Description

America's Auto Auction is strategically located on US Highway 80, with access to 17,563 vehicles passing by daily. The property benefits from quick access to I-20 and I-49, providing connectivity to all major US markets within a 40-hour drive time. Key educational institutions nearby include Greenwood High School, Greenwood Middle School, and Greenwood Upper Elementary School. The immediate...

...

Key Features

  • Build to suit

  • Oversized lot

  • Strategically located

  • Freeway visibility

  • Highway location

  • Major MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

    • ...

Links

America's Auto Auction Wikipedia Shreveport, Louisiana Zip Code 71119 Broker Site Page

Documents

Download OM

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

America’s Auto Auction is a leading full-service provider of used-vehicle auction services, facilitating the wholesale remarketing of vehicles for business-to-business (B2B) customers. Founded in...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

Company

© COPYRIGHT 2024 NET-TRADE. ALL RIGHTS RESERVED.

TERMS OF USE PRIVACY POLICY USER PLANS
my activity