2516 Kaliste Saloom Rd | Lafayette, LA 70508
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2516 Kaliste Saloom Rd
Lafayette, LA 70508
Raising Cane's Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Outparcel to River Marketplace | Target anchored shopping center | 342K SF of prime retail space | This Target ranks 11th out of 1,799 total Targets
- Corporate lease | Raising Cane’s Restaurants, LLC | 12th store opened by Raising Cane’s | Currently 600 locations across 31 states and the Middle East
- Absolute Net Ground Lease | Zero landlord responsibilities
- Rent to sales ratio of approx. 2.71% based on $150,000 annual rent
- Desirable lease term | New 10-year extension beginning in April 2023
- Long operating history | Leased since 2003
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.16 AC
Zoning
C3
Parking
43 Spaces (12.29 Spaces per 1,000 SF Leased)
Frontage
160’ on Kaliste Saloom Rd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 6174352 | Improvements Assessment | $93,135 |
| Land Assessment | $70,567 | Total Assessment | $163,702 |
PROPERTY TAXES
Parcel Number
6174352
Land Assessment
$70,567
Improvements Assessment
$93,135
Total Assessment
$163,702
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