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2203 N Parkerson Ave
Crowley, LA 70526

$652,500 USD

Restaurant For Sale  •  1,894 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 1,894 SF
  • Lot Size 0.67 AC
  • Building Class C
  • Year Built 2018
  • Cap Rate 6.15 %
  • Tenancy Single
0 Transit Score
58 Walk Score

Highlights

±3.5 Years Remaining on Absolute NNN Lease – The property is encumbered by an absolute triple-net lease with approximately ±3.5 years remaining
National Credit Sublease by KBP Foods – The asset is leased to KBP Foods, a nationally recognized operator with over 1,100 units
New Construction – Built in 2018 – Delivered in 2018, the property benefits from modern construction standards, minimizing capital expenditure risk
High-Visibility Corridor with Strong Traffic Counts – Strategically positioned on N Parkerson Avenue, a key arterial in a Lafayette submarket
Resilient Retail Submarket – The surrounding area demonstrates consistent population growth, stable household incomes
Strategic Small-Market Location – Crowley, LA – Crowley presents a compelling small-market opportunity with solid market fundamentals
Cap Rate: 6.15 %

Public Transportation

AirportDriveWalkDistance
Lafayette Regional/Paul Fournet Field 35 min - 26.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Maxon Lavallee 866-889-0550 Matthews Real Estate Investment Services
Maxon Lavallee 866-889-0550 Matthews Real Estate Investment Services