Six (6) Unit Little Caesar's Portfolio

Retail-Commercial for Sale
Also listed as Shopping Center, Business Opportunity
Catylist Listing ID: 30297285
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 14,331 SF
Gross Land Area: 0.33 - 3.69 Acres
Sale Price: $425,000 - 5,200,000
Unit Price: $29.66 - 362.85 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 8/17/2018

Overview / Comments

Six (6) Little Caesar's Drive-Thru locations, available as a portfolio or individually in the Baton Rouge, LA, MSA. 5-year NNN leases with three 5-year options to renew and minimum 10% increases every 5 years. Highly trafficked locations along strong retail corridors. 131+ Unit Operator with locations throughout the US with $167M annual operating budget.

INCLUDED PROPERTIES:

- 105 Florida Avenue, Denham Springs, LA 70726
- 9065 Perkins Road, Baton Rouge, LA 70810
- 10953 Joor Road, Baton Rouge, LA 70818
- 4222 Government Street, Baton Rouge, LA 70806
- 925 Veterans Boulevard, Donaldsonville, LA 70346
- 14089 Plank Road, Baker, LA 70714

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 53
Property Visibility: Excellent
Total Number of Buildings: 6
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,125 76,014 194,575
Median Age: 36.48 36.32 35.37
Households: 2,152 32,920 83,379

Contact

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.