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Fat Tuesday/New Orleans Original Daiquiris 6240 LaPalco Blvd 1,703 SF Retail Building Marrero, LA 70072 $1,049,487 ($616.26/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Fat Tuesday Is The Largest Off-Premise & TakeAway Alcohol Business In The U.S Specializing In Frozen Drinks
- 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
- New Orleans Is Famous For Its "Go-Cup" Culture | Top Drinking Destination In America
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
$1,049,487
Price Per SF
$616.26
Cap Rate
8%
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
NEARBY MAJOR RETAILERS
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
CONTACTS
-
Judson Kauffman -
Matthew Sorace -
Hannan Ben Yosef -
Christopher Marks -
Glen Kunofsky -
Surmount
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Fat Tuesday/New Orleans Original Daiquiris | 6240 LaPalco Blvd
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