1930 Oneal Ln - Fast Food FOR SALE


Baton Rouge, LA 70816- Shenandoah
$2,750,000 USD
617-865-1145
1930 Oneal Ln, Baton Rouge, LA for Sale
$2,750,000 USD
Fast Food - FOR SALE
1/2
null | 5.25% Cap Rate

1930 Oneal Ln
Baton Rouge, LA 70816
Shenandoah


HIGHLIGHTS

  • Long-Term Triple-Net (NNN) Lease
  • Extremely Attractive 1.75% Annual Rent Increase
  • Experienced Popeyes Operator

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Popeyes located at 1930 O'Neal Lane, Baton Rouge, LA 70816. The site consists of roughly 2,894 rentable square feet of building space on an estimated 0.92-acre parcel of land. This Popeyes is subject to a 25-year Triple Net (NNN) lease, which commenced 3/1/2020. The current annual rent is $141,798 and has scheduled increases of 1.75% annually starting March 2026.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$1,248 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

Commercial

APN/PARCEL ID

01524429

ASK ABOUT THIS PROPERTY

Josh KanterNNN Pro GroupMore Info
617-865-1145

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Josh KanterNNN Pro GroupMore Info
617-865-1145

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