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$ 595,000
Est. payment /mo
New
594 BEHRMAN HWY Terrytown, LA 70056
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Not A Subdivision
MLS Listing ID 2580581
HOA Y/N No
Year Built 2019
Property Description
Excellent opportunity to acquire a fully leased, income-producing commercial property constructed in 2019, sits on approximately 0.25 acres and offers investors a low-management, stabilized investment with an established tenant in place.
The property is 100% leased to CIP under a NNN lease with a current five-year term running from October 2023 through September 2028, plus an additional five-year renewal option. The lease includes 3% annual rent increases, providing built-in income growth during the lease term. Under the NNN lease structure, the tenant is responsible for applicable property operating expenses, including taxes, insurance, and common area/operating expenses, helping minimize the landlord's expense exposure.
For 2026, the property is projected to generate approximately $62,496.88 in total rent and reimbursements. Beginning October 2026, base rent increases to approximately $3,963.32 per month, plus approximately $1,331.33 per month in NNN reimbursements. With newer construction, 100% occupancy, NNN lease structure, annual rent escalations, and an additional five-year option, 594 Behrman Highway presents an attractive opportunity for an investor seeking a stabilized commercial asset with predictable income and limited management responsibilities.
The property is 100% leased to CIP under a NNN lease with a current five-year term running from October 2023 through September 2028, plus an additional five-year renewal option. The lease includes 3% annual rent increases, providing built-in income growth during the lease term. Under the NNN lease structure, the tenant is responsible for applicable property operating expenses, including taxes, insurance, and common area/operating expenses, helping minimize the landlord's expense exposure.
For 2026, the property is projected to generate approximately $62,496.88 in total rent and reimbursements. Beginning October 2026, base rent increases to approximately $3,963.32 per month, plus approximately $1,331.33 per month in NNN reimbursements. With newer construction, 100% occupancy, NNN lease structure, annual rent escalations, and an additional five-year option, 594 Behrman Highway presents an attractive opportunity for an investor seeking a stabilized commercial asset with predictable income and limited management responsibilities.
Location
State LA
County Jefferson
Zoning GO-2
Interior
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description Outside City Limits, Rectangular Lot
Dwelling Type Mixed Use,Office
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 200009717
Special Listing Condition None
Listed by KPG Realty, LLC
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