1832 Old Minden Rd - Restaurant FOR SALE


Bossier City, LA 71111- North Bossier
$1,226,000 USD
646-805-1438
1832 Old Minden Rd, Bossier City, LA for Sale
$1,226,000 USD
Restaurant - FOR SALE
1/6
null | 6.75% Cap Rate

1832 Old Minden Rd
Bossier City, LA 71111
North Bossier


HIGHLIGHTS

  • 8+ Years Remaining | 5% Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Frontage On Old Minden Rd | Just Off I-20 (99,400 VPD)
  • Dense Retail Node | Proximity To Hotels | Strong Tenant Synergy
  • Direct Residential Consumer Base | Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Over 8 years of remaining primary term, providing stable in-place income • Scheduled 5% rental increases throughout the term support NOI growth and provide a built-in hedge against inflation

FOR SALE DETAILS

PRICE

$1,226,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denny's | Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

B-3

APN/PARCEL ID

137247

ASK ABOUT THIS PROPERTY

Michael GrunbergSRS National Net LeaseMore Info
646-805-1438

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Michael GrunbergSRS National Net LeaseMore Info
646-805-1438

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