CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 2,900 square foot CAVA restaurant located along Highland Road in Baton Rouge, Louisiana. The property was newly constructed in 2023 and the tenant signed a brand new 15 year lease with four, five year options to renew. The lease boasts large 10% rental increases every 5 years throughout the base term and each renewal period. This is a NNN* lease structure with landlord responsibilities limited to roof and structure and the tenant reimbursing for insurance, taxes, and maintenance of common areas. The lease is corporately guaranteed by CAVA- a now publicly traded company as of June 2023. Since their IPO in June, the company’s stock price has increased 300% and the company plans to add over 500 new units in the next several years. CAVA is ideally situated and has excellent visibility at the signalized hard corner on Lee Dr (21,709 VPD), and approximately 1,000 feet from Burbank Dr (23,225 VPD). It’s strategically located adjacent to the Highland Village Shopping Center that is anchored by Walmart Neighborhood Market. Additional surrounding national retailers include The UPS Store, CVS Pharmacy, Walgreens, Raising Cane’s, Circle K and numerous local uses and tenants. The subject property is strategically positioned just 1 mile southeast of Louisiana State University, offering unparalleled convenience for the state’s largest student body, comprising over 37,000 students. Baton Rouge, the capital city of Louisiana, is a vibrant hub situated along the Mississippi River and sits approximately 80 miles northwest of New Orleans. Known for its dynamic economy, the city hosts prominent industries including petrochemical, medical, tech, and film. The subject property is located within a strong demographic area of Baton Rouge boasting an average population of over 68,800 within 3 miles and an average population of over 145,800 within 5 miles of the site. It is also a highly affluent area with the average household incomes exceeding $90,000 in both the 3- and 5-mile radius of the property.