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855.375.4001
Listing Courtesy of: Aaron Kazanoff - Ben & Burka
$525,000 affordable loan icon Calculate Payment

310 E MAIN Street Gramercy, LA 70052

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General Commercial Residence
Beds
Baths
... Bed/Bath
14,000 Sq. Ft.
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Last updated on 1/19/2025 11:11 AM

Listing Details

Available for sale, 310 E Main Street offers a stabilized single tenant NNN investment property with strong tenancy history. The tenant, Variety Wholesalers (operating as Roses Express), has hundreds of stores nation wide and has roots at this site since 1989. Additionally, Variety Wholesalers recen...tly announced that they will be purchasing an additional 200-400 former Big Lots stores throughout the nation. The lease was most recently extended for a new 5 year term in 2021, and tenant has no plans of relocating. The property, standing at nearly 15,000 SF, features ample off-street parking, strong street presence along Main Street, new roof c. 2022, and major renovation after Hurricane Ida to modernize and repair the building. The tenant is currently paying $38,500/year + NNN in addition to a percentage rent (which in recent years has been averaged ±$1,200/year). The site is located in Gramercy and provides one of the only shopping outlets in the area. Gramercy is located between New Orleans and Baton Rouge and sits right on the Mighty Mississippi. Continue reading
MLS#
2483503
Property Type
General Commercial
Year Built
1960
Square Feet
14,000 sq. ft
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Listing Courtesy of: Aaron Kazanoff - Ben & Burka
Andrea D. Conner, License BROK.995692987-ACT, Xome Inc., License BROK.0995686178-CORP, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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