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9959 Perkins Rd
Baton Rouge, LA 70810 South Baton Rouge

$3,235,293 USD

Fast Food For Sale  •  4,300 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 4,480 SF
  • Lot Size 1.08 AC
  • Year Built 2001
  • Cap Rate 4.25 %
  • Tenancy Single
  • Zoning C-2
30 Transit Score
60 Walk Score

Highlights

Corporate-Guaranteed NNN Ground Lease With Zero Landlord Responsibilities
±5 Years Remaining With Two (2) Five-Year Renewal Options Extending Through 2041
Scheduled 10% Rent Increases Every Five Years, Providing Long-Term Income Growth
Backed by McDonald's Corporation (NYSE: MCD), Operating 43,000+ Locations Worldwide
Prime Perkins Road Corridor Location With ±19,406 VPD and I-10 Access (±105,773 VPD)
Strong 5-Mile Demographics: 160,478 Residents With $126,006 Average Household Income

Property Flyers

Cap Rate: 4.25 %

Major Tenants

Tenant SF Occupied Lease End Date
McDonald's

Amenities

  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Baton Rouge Metro Ryan Field 24 min - 13.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 43
Type: Surface
Included in Rent: Yes
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