3680 Harding Blvd | Baton Rouge, LA 70807
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- LoopNet Team
3680 Harding Blvd
Baton Rouge, LA 70807
IHOP · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 15-year lease which will commence at the close of escrow
- Absolute NNN lease with zero management responsibilities
- Experienced Franchisee that has been operating IHOP’s for more than 43 years and has aggressive expansion plans over the next several years
- Attractive 7.50% rent increases every 5 years for the life of the lease
- 2016 interior remodel including new floors, signage, bathrooms, waiting area, etc.
- Guaranty from the Franchisee which includes all 23 locations they currently operate
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,350 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.07 AC
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 02298570 | Improvements Assessment | $54,454 |
| Land Assessment | $55,620 | Total Assessment | $110,074 |
PROPERTY TAXES
Parcel Number
02298570
Land Assessment
$55,620
Improvements Assessment
$54,454
Total Assessment
$110,074
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