12411 US-90 - Retail FOR SALE


Luling, LA 70070
$1,122,900 USD
332-345-4222
12411 US-90, Luling, LA for Sale
$1,122,900 USD
Retail - FOR SALE
1/2
null | 7.5% Cap Rate

12411 US-90
Luling, LA 70070


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease | Zero Landlord Responsibilities
  • Brand New Twenty (20)-Year Lease | Approximately 19.6 Years Remaining | Four (4), Five (5)-Year Options
  • Rental Increases Of Three Percent (3.00%) Annually Beginning In 2030

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a New Orleans Original Daiquiris located at 12411 US-90, Luling, LA 70070. The site consists of roughly 2,277 rentable square feet of building space on an estimated 1.18-acre parcel of land. This New Orleans Original Daiquiris is subject to a 19.6-year Triple Net (NNN) lease, which commenced 7/1/2024. The current annual rent is $84,219 and has scheduled increases of 3.00% annually starting in Year 7.

FOR SALE DETAILS

PRICE

$1,122,900 USD

PRICE/SF

$493 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Orleans Original Daiquiris

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

-7- 539 00B GV-1A

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.