1417 W Airline Hwy - Fast Food FOR SALE


La Place, LA 70068- St John The Baptist Parish
$1,208,000 USD
973-632-1386
1417 W Airline Hwy, La Place, LA for Sale
$1,208,000 USD
Fast Food - FOR SALE
1/7
null | 6% Cap Rate

1417 W Airline Hwy
La Place, LA 70068
St John The Baptist Parish


HIGHLIGHTS

  • Brand New 15 Year Lease | Options To Extend | Scheduled Rental Increases | Experienced Operator
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Surrounding Shopping Centers | Strong National/Credit Tenant Presence
  • Signalized, Hard Corner Intersection | Centralized Location |2025 Construction | Excellent Visibility & Access
  • Direct Residential Consumer Base |Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, freestanding, 7Brew investment property located in LaPlace, Louisiana (New Orleans MSA). The tenant recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Founded in 2017, 7 Brew was born from a desire to change drive-thru coffee into a fun, mind-blowing experience for everyone and currently has over 295 locations.

FOR SALE DETAILS

PRICE

$1,208,000 USD

PRICE/SF

$1,272 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7-Brew

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

GC

APN/PARCEL ID

0400503500

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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