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7144 Greenwell Springs Rd
Baton Rouge, LA 70805
Fast Stop - Baton Rouge, LA · Retail Property For Sale
Investment Highlights
- This Deal Features a 20 Year Absolute Triple Net (NNN) Lease, Placing All Responsibility on the Tenant
- Fast Stop, a Reputable Tenant With a Robust Portfolio, is Growing at a Sustainable Pace
- The Lease is Guaranteed Corporately By Fast Stop Management and Personally By Fast Stop CEO
- The Lease Incorporates 2.00% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value
- Fast Stop's Impressive Portfolio Contributes to an Outstanding Rent Coverage Ratio, Indicating a Strong Desire to Grow
- Strategically Located in a Densely Populated Area (177,000+ 5-Mile Radious) on Greenwell Springs Road (20,000+ VPD)
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,890 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.95 AC
Zoning
C-2
Property Taxes
| Parcel Number | 02317745 | Improvements Assessment | $70,500 |
| Land Assessment | $10,000 | Total Assessment | $80,500 |
Property Taxes
Parcel Number
02317745
Land Assessment
$10,000
Improvements Assessment
$70,500
Total Assessment
$80,500
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