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1840 W Laurel Ave
Eunice, LA 70535
KFC: Brand New 20 Yr Absolute NNN Lse · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,100 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.37 AC
Frontage
108’ on Laurel Ave

Amenities

  • Restaurant
  • Drive Thru

About 1840 W LAUREL AVE , EUNICE, LA 70535

KFC has a brand new 20 year Absolute NNN lease with attractive 7% rental escalations every 5 years and four 5-year renewal options. The tenant, KBP Foods, is the largest KFC franchisee in the US, with 687 locations in 23 states and will generate sales in excess of $780 million in 2019. This asset has brand new, high-quality build-to-suit construction to KFC’s newest “American Showman” prototype in 2018. Sales to this location are tracking to hit an attractive 6.43% rent to sales ratio! KFC is located in Eunice, Louisiana on a pad site to Super 1 Foods grocery store. Nearby retailers include: Walmart Supercenter, Tractor Supply Co, Dollar Tree, Dollar General, Family Dollar, Fred’s, Burkes Outlet, Stage, Hibbett Sports, Aaron’s, AutoZone, Advance Auto Parts, O’Reilly Auto Parts, NAPA Auto Parts, Verizon, AT&T, and Anytime Fitness. This asset is just 2.5 miles from Louisiana State University Eunice (enrollment of 3,232) and 3 miles from Acadian Medical Center (52 beds). *In Association with Louisiana Local Broker: Brian Brockman, Bang Realty, Inc. #BROK.0995684990-ASA

Property Taxes

Property Taxes

Parcel Number
0602184600
Land Assessment
$6,480
Improvements Assessment
$47,320
Total Assessment
$53,800
  • Listing ID: 15096147

  • Date on Market: 2/6/2019

  • Last Updated:

  • Address: 1840 W Laurel Ave, Eunice, LA 70535

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