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1334 Florida St
Baton Rouge, LA 70802
Fast Stop - Baton Rouge, LA · Retail Property For Sale
Investment Highlights
- 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- STRONG TENANT PROFILE - Fast Stop Management is a 20+ Unit C-Store Company That Had Gross Sales of +/-$70 million For 2022
- Fast Stop Management's Portfolio is Performing at a Healthy 3.06X Rent Coverage Ratio
- 2% Annual Rent Increases Offers a Strong Hedge Against Inflation
- The Lease is Corporately Guaranteed By Fast Stop Management and Personally Guaranteed By the CEOs
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,670 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.68 AC
Parking
12 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 00132675 | Improvements Assessment | $67,500 |
| Land Assessment | $45,000 | Total Assessment | $112,500 |
Property Taxes
Parcel Number
00132675
Land Assessment
$45,000
Improvements Assessment
$67,500
Total Assessment
$112,500
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