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1402 S 5th St
Leesville, LA 71446
Arby's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 20 Year Absolute-Net Lease with 3-5 Year Options and 2% Annual Increases
  • Located on Main Retail Corridor with Numerous Surrounding National Retailers
  • Annual rent bumps hedges against inflation.
  • Multi-Unit Guarantee
  • NNN lease - no landlord obligations.
  • High visibility with 23,041 +/- vehicles passing in front of the site daily.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,800 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.60 AC
Zoning
Commercial

AMENITIES

  • Pylon Sign
  • Drive Thru

ABOUT 1402 S 5TH ST , LEESVILLE, LA 71446

This Arby's is just south of Louisiana’s largest opportunity zone, the area is poised to experience significant growth.It is located along the Causeway which is the main thoroughfare thru Leesville. The lease is backed by a seasoned operator, Turbo LLC a 80 plus Arby’s Franchisee in Dallas, TX. Further Turbo is part of Sun Holdings a mega 1,000 unit multi Brand Company operating Burger Kings, Popeyes, GNC stores, T Mobile, Krispy Kreme and Golden Corral.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011-178-0920
Land Assessment
$7,890
Improvements Assessment
$63,000
Total Assessment
$70,890
  • Listing ID: 17752690

  • Date on Market: 11/18/2019

  • Last Updated:

  • Address: 1402 S 5th St, Leesville, LA 71446

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