1060 Homer Rd - Retail FOR SALE


Minden, LA 71055
$2,141,538 USD
516-477-7026
1060 Homer Rd, Minden, LA for Sale
$2,141,538 USD
Retail - FOR SALE
1/3
null | 6.5% Cap Rate

1060 Homer Rd
Minden, LA 71055


HIGHLIGHTS

  • Demographics Supporting Value-Oriented QSR
  • Nearby Schools and Education-Based Demand
  • Strong EBITDAR Coverage
  • Dominant Retail Hub

OVERVIEW

Surmount is pleased to present the exclusive listing for a Popeyes located at 1060 Homer Road, Minden, LA 71055. The site consists of roughly 2,305 rentable square feet of building space on an estimated .78-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $139,200 and has scheduled increases of 2.00 % Annually.

FOR SALE DETAILS

PRICE

$2,141,538 USD

PRICE/SF

$929 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

114973.A

ASK ABOUT THIS PROPERTY

James WesterbergSurmountMore Info
516-477-7026

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James WesterbergSurmountMore Info
516-477-7026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.