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6240 LaPalco Blvd
Marrero, LA 70072
Fat Tuesday/New Orleans Original Daiquiris · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fat Tuesday Is The Largest Off-Premise & Take-Away Alcohol Business In The US Specializing In Frozen Drinks | Strong Unit-Level & Corporate Financials
- Louisiana Allows The Sale of Frozen Daiquiris Through Drive-Thru Shops
- New Orleans, LA MSA | Less Than Ten (10) Miles Away From New Orleans' French Quarter | The Largest City In Louisiana
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a New Orleans Original Daiquiris located at 6240 Lapalco Blvd, Marrero, LA 70072. The site consists of roughly 1,703 rentable square feet of building space on an estimated 0.52-acre parcel of land. This New Orleans Original Daiquiris is subject to a 20-year Triple Net (NNN) lease, which commenced 7/2/2024. The current annual rent is $83,959 and has scheduled increases of 3.00% Annually starting in 2030.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,703 SF
Building Class
C
Year Built
1982
Price
$1,119,453
Price Per SF
$657.34
Cap Rate
7.50%
NOI
$83,959
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.52 AC
Zoning
MUCD - multi unit commercial
Frontage
135’ on LaPalco
PROPERTY TAXES
| Parcel Number | 0420008342 | Improvements Assessment | $19,600 |
| Land Assessment | $27,160 | Total Assessment | $46,760 |
PROPERTY TAXES
Parcel Number
0420008342
Land Assessment
$27,160
Improvements Assessment
$19,600
Total Assessment
$46,760
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