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Chipotle 801 Frogmore Dr 3,000 SF Retail Building Baton Rouge, LA 70820 $3,940,000 ($1,313.33/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Stability – Over ±15 years remaining on a corporately guaranteed lease, ensuring consistent cash flow and long-term investment security.
- Zero Landlord Obligations – The absolute NNN lease structure eliminates landlord responsibilities, allowing for a truly passive, management-free inves
- Strong National Brand – Chipotle is a globally recognized and trusted food service leader, driving strong consumer traffic and brand loyalty across ma
- Attractive Renewal Options – Tenant holds four, five-year renewal options with 10% rental increases, providing built-in rent growth and a reliable hed
EXECUTIVE SUMMARY
Broker of Record
Donnie Jarreau
License # BROK.995704351-CORP (LA)
Matthews Real Estate Investment Services, Inc
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550
Donnie Jarreau
License # BROK.995704351-CORP (LA)
Matthews Real Estate Investment Services, Inc
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,000 SF
Building Class
B
Year Built/Renovated
2019/2025
Price
$3,940,000
Price Per SF
$1,313.33
Cap Rate
5%
NOI
$197,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.68 AC
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30825704 | Improvements Assessment | $47,552 |
| Land Assessment | $72,306 | Total Assessment | $119,858 |
PROPERTY TAXES
Parcel Number
30825704
Land Assessment
$72,306
Improvements Assessment
$47,552
Total Assessment
$119,858
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Chipotle | 801 Frogmore Dr
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