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Pizza Hut 9631 Mansfield Rd 2,400 SF Retail Building Shreveport, LA 71118 $1,220,472 ($508.53/SF) 6.35% Cap Rate
Investment Highlights
- Excellent Frontage on Mansfield Road
- Strong Demographics
- Across the Street from Strong-Performing Walmart Supercenter
- Absolute NNN Sale-Leaseback with Annual Rental Increases
Executive Summary
Surmount is pleased to present the exclusive listing for a Pizza Hut located at 9631 Mansfield Rd, Shreveport, LA 71118. The site consists of roughly 2,400 rentable square feet of building space on an estimated 0.69-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $77,500 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
B
Year Built
2017
Price
$1,220,472
Price Per SF
$508.53
Cap Rate
6.35%
NOI
$77,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.69 AC
Frontage
30,000’ on Mansfield Rd
Amenities
- Freeway Visibility
- Signage
- Drive Thru
- Monument Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 161409-080-0002-00 | Improvements Assessment | $131,981 |
| Land Assessment | $31,290 | Total Assessment | $163,271 |
Property Taxes
Parcel Number
161409-080-0002-00
Land Assessment
$31,290
Improvements Assessment
$131,981
Total Assessment
$163,271
Contacts
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Robert Stein -
John McHugh -
Christopher Marks -
Surmount
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Pizza Hut | 9631 Mansfield Rd
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