United Rentals Mandeville, Louisiana
Status Under Contract
Location 68674 Highway 59, Mandeville, LA 70471
Captialilzation Rate 8.50%
Building Size 5,000 Square Feet
Lot Size 1.82 Acres
Lease Type NNN
Term Remaining 3.6 Years
Price $ 1065000
- United Rentals is the World’s Largest Equipment Rental Provider with Over 1,190 Locations and an S&P Rating of “BB”
- Mandeville is Located 35 Miles North of New Orleans Across Lake Pontchartrain
- Equipment Rental is an Essential Business
- Established Equipment Rental Location Since 2000
The subject property is a 5,000-square-foot facility sitting on 1.82 acres located on Highway 59. This is an established United Rentals location. The tenant has been in this property for 20 years. There are over three years remaining and the lease includes two, five-year options with two percent annual increases.
Agent : Patrick Doherty
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512-338-7855
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patrick.doherty@marcusmillichap.com