2516 Kaliste Saloom Rd | Lafayette, LA 70508
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This Retail Property is no longer advertised on LoopNet.com.
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
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
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
LINKS
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
Listing ID: 26460667
Date on Market: 8/22/2022
Last Updated:
Address: 2516 Kaliste Saloom Rd, Lafayette, LA 70508
The Central Lafayette Parish Retail Property at 2516 Kaliste Saloom Rd, Lafayette, LA 70508 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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