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Popeyes & Sunoco 2021 Rees St 5,497 SF 100% Leased Retail Building Breaux Bridge, LA 70517 $4,641,975 ($844.46/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Anchored by Two Major National Retailers
- Structured Rental Increases for Long-Term Growth
- Drive-Thru Location
- Double-Net Lease and 15-Year SLB
- Strong Franchisee and Personal Guarantees Enhancing Security
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Popeyes & Sunoco located at 2021 Rees St, Breaux Bridge, LA 70517. The site consists of roughly 5,497 rentable square feet of building space on an estimated 1.39-acre parcel of land.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,497 SF
Building Class
C
Year Built/Renovated
1998/2022
Price
$4,641,975
Price Per SF
$844.46
Cap Rate
8%
NOI
$371,358
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.39 AC
Parking
14 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
217’ on Rees St
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06901A2646 | Improvements Assessment | $111,840 |
| Land Assessment | $45,175 | Total Assessment | $157,015 |
PROPERTY TAXES
Parcel Number
06901A2646
Land Assessment
$45,175
Improvements Assessment
$111,840
Total Assessment
$157,015
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Popeyes & Sunoco | 2021 Rees St
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