PRIME 6-UNIT INVESTMENT NEAR I-210 IN LAKE CHARLES W/CAP RATES of 14.39% TO 18.46%, AND NOI UP TO $97, 849/YEAR Located at 2708 Kirkman St., this ±6, 360 SF (~$83.33/SF) stand-alone office/retail building offers ±120 ft of frontage and unbeatable visibility on a high-traffic corridor with over 17, 000 vehicles/day. Minutes from I-210 & sited on a ±16, 875 SF CORNER LOT. Zoned Business/Commercial District C-3, this well-maintained building was updated in 2021 w/NEW ROOF, fresh exterior paint, & updated flooring. Includes 6 individual entrances & flexible layout—ideal for professional offices, medical, or retail use. Three suites (101, 103, 106) currently leased to long-standing tenants (construction company, barber, & dance studio). Three suites (102-currently occupied by owner & will vacate upon AOS), 104, 105) are available, offering owner-occupants the opportunity to move in while generating immediate rental income. INVESTOR HIGHLIGHTS: • Immediate cash flow: With CAP rates ranging from 14.39% to 18.46% w/projected Net Operating Income (NOI) reaching up to $97, 849/year. •Prime Location: Corner lot situated at a strategic intersection w/exceptional visibility, easy access, & high traffic count. Less than 4 minutes to I-210. Surrounded by restaurants, service providers & businesses. •Strong Market Demand: Located within an active commercial corridor experiencing steady economic growth. •Versatile Use: Ideal for retail, office, medical/professional tenants, or boutique businesses. •Stabilized Asset w/Value-Add Potential: Ideal for investors, owner-users, or 1031 exchange buyers looking for reliable cash flow w/opportunity to increase value through leasing and modernization. •Ample Parking: On-site parking & street access. •Flood Zone X — NEVER FLOODED! All measurements approximate & should be verified by the purchaser. Zoning, overlays, & intended use to be confirmed by buyer. Property to be sold in “as is, where is” condition with Waiver of Redhibition.
