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Restaurant For Sale • 4,998 SF
Fully occupied retail tenant is 4,856 sf and on (Lot 3C) a 1 acre site. The lease incorporates 2% annual rent escalations during both the base and option terms, offering investors increased overall cash flows and a substantial safeguard against inflation. Has a 100 ft Interstate Pylon sign and site has Interstate 55 visibility. Sits in front of Home Depot, Honda dealership and Stribling Equipment. Built in 2015.
| 7 Year NNN Lease with 2% Increases Each Year |
| I 55 visibility. 100 ft I55 pylon sign. surface parking |
| Cap Rate: | 6.00 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Brookhaven Amtrak Station (City of New Orleans - Amtrak) | 7 min | - | 2.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 55 |
| Type: | Surface |
| Included in Rent: | Yes |
Mike Nelson
Encore Commercial
Mike Nelson
Encore Commercial
