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Popeyes 5101 University Pky 2,194 SF Retail Building Natchitoches, LA 71457 $1,851,852 ($844.05/SF) 6.75% Cap Rate
Investment Highlights
- Strong EBITDAR Coverage
- Regional Airport Access And Employment Connectivity
- Nearby Schools And Education-Based Demand Drivers
- Surrounded By National Retail, QSR, And Hospitality Uses
Executive Summary
Surmount is pleased to present the exclusive listing for a Popeyes located at 5101 University Parkway, Natchitoches, LA 71457. The site consists of roughly 2,194 rentable square feet of building space on an estimated .68-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $125,000 and has scheduled increases of 2.00 % Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,194 SF
Year Built
2025
Price
$1,851,852
Price Per SF
$844.05
Cap Rate
6.75%
NOI
$125,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.68 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 0011473011 | Improvements Assessment | $66,830 |
| Land Assessment | $22,940 | Total Assessment | $89,770 |
Property Taxes
Parcel Number
0011473011
Land Assessment
$22,940
Improvements Assessment
$66,830
Total Assessment
$89,770
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Popeyes | 5101 University Pky
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