Cap Rate
7.50%
Leasable Area
9,270 SF
Term Remaining
±4 Yrs
NOI
$65,208
Property Type
Retail
INVESTMENT HIGHLIGHTS
- Bite sized deal priced at an extremely attractive 7.50% cap rate
- Excellent visibility and access off Hwy LA-22 and Pumpkin Center Rd which sees a combined ±15,216 vehicles per day
- Corporately guaranteed lease
- Five, 5-Year renewal periods all of which include attractive 10% rental increases
- Long term operating history – The Tenant has operated at this location since 2006
Broker of Record
- Donnie Jarreau
- License No. BROK.995704351-CORP (LA)
- (225) 753-3573
- Jarreau Real Estate
- 16173 Perkins Road Baton Rouge,
LA 70810