Cap Rate
8%
Tot. SF
6,124
1144 Grand Caillou Rd, Houma, LA, 70363
• Advance Auto Parts just extended the lease early proving this location to be a strong location.
• 2008 build-to-suit construction.
• ±9.50 Years remaining on an initial 15-Year lease.
• Corporately guaranteed lease.
• Tenant is responsible for HVAC, CAM, Taxes, and Insurance.
• 7% increases every 5 years on renewal periods.
• Excellent retail corridor with surrounding national tenants including Walmart Supercenter, Sonic, Chick-fil-A, Ollie’s Bargain Outlet, Starbucks, Walgreens and more.
• 3-Mile population of 29,411 residents.
• 5-Mile population of 60,365 residents.
• Average household income of $75,015 annually.
• Traffic counts on exceed 22,500 vehicles daily on Grand Caillou Rd.


