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Popeyes 1060 Homer Rd 2,305 SF 100% Leased Retail Building Minden, LA 71055 $2,141,538 ($929.08/SF) 6.50% Cap Rate
Investment Highlights
- Demographics Supporting Value-Oriented QSR
- Strong EBITDAR Coverage
- Nearby Schools and Education-Based Demand
- Dominant Retail Hub
Executive Summary
Surmount is pleased to present the exclusive listing for a Popeyes located at 1060 Homer Road, Minden, LA 71055. The site consists of roughly 2,305 rentable square feet of building space on an estimated .78-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $139,200 and has scheduled increases of 2.00 % Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,305 SF
Year Built
2025
Price
$2,141,538
Price Per SF
$929.08
Cap Rate
6.50%
NOI
$139,200
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
0.78 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 114973.A | Improvements Assessment | $90,380 |
| Land Assessment | $22,000 | Total Assessment | $112,380 |
Property Taxes
Parcel Number
114973.A
Land Assessment
$22,000
Improvements Assessment
$90,380
Total Assessment
$112,380
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Popeyes | 1060 Homer Rd
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