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Restaurant For Sale • 5,702 SF
| Long-Term, Absolute Triple Net (NNN) Lease |
| The lease will feature 10% increases every 5 years, in both the base term and tenant renewal options. |
| The lease features a corporate guarantee from Shoney's North America LLC. Shoney's operates over 55 locations throughout 17 states. |
| The subject investment property is situated in an affluent community where the average household income within a five-mile radius exceeds $79,000. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 9 min | - | 5.2 mi | |
| Airport | Drive | Walk | Distance |
| Louis Armstrong New Orleans International | 27 min | - | 19.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 55 |
| Type: | Surface |
| Included in Rent: | Yes |
