Price: $2,181,818
Cap Rate: 5.50%
Net Operating Income: $120,000
Square Footage: 4,977

This is an absolute net leased C-Store offering in Jackson, LA. This Valero branded station has a new 20 year absolute NNN lease and calls for 1.75% annual increases in rent. The lease is corporately guaranteed by a leading 700-unit operator.

Jackson is a town in East Feliciana Parish, Louisiana, United States. The population was 3,842 at the 2010 census. It is part of the Baton Rouge Metropolitan Statistical Area.

Jackson is located on the western edge of East Feliciana Parish. The town’s western border is Thompson Creek, which is also the border with West Feliciana Parish. Louisiana Highway 10 passes through Jackson, leading east 12 miles (19 km) to Clinton and west 12 miles to St. Francisville overlooking the Mississippi River.