STNL Little Caesar's in Donaldsonville, LA (as part of Portfolio)

Retail-Commercial for Sale
Catylist Listing ID: 30277331
Property Subtypes: Restaurant
Building Size (RSF): 1,100 SF
Gross Land Area: 0.33 Acres
Sale Price: $425,000
Unit Price: $386.36 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 5/22/2018

Overview / Comments

STNL Stand-alone Little Caesar's QSR with drive-thru for sale on hard corner in Donaldsonville, LA. Strong credit tenant with 5 year NNN lease with 3 5 year options with 10% increases every 5 years. 119' of frontage on Veterans Blvd. Sits on 0.33 Acre. 15,174 traffic count cars per day. Zoned LC. Dedicated turn lane and signalized intersection. 7% cap rate.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: Ascension
Submarket/Township: 92
Tax ID/APN: 122000

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,622 9,850 16,100
Median Age: 31.32 34.24 35.13
Households: 1,596 3,383 5,638
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.