1907 W Pinhook Rd - Fast Food FOR SALE


Lafayette, LA 70508- Central Lafayette Parish
$1,763,000 USD
914-498-2225
1907 W Pinhook Rd, Lafayette, LA for Sale
$1,763,000 USD
Fast Food - FOR SALE
1/5
null | 5.75% Cap Rate

1907 W Pinhook Rd
Lafayette, LA 70508
Central Lafayette Parish


HIGHLIGHTS

  • Recently Extended Term | Options To Extend | Corporate Signed Lease | Established Brand
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • University of Lousiana Lafayette | Lafayette Regional Airport |Retail Corridor | Near Signalized Hard Corner Intersection
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Starbucks corporate signed lease • Recently signed an extension with four (5-year) options, demonstrating their long-term commitment to the site • Starbucks, one of the world’s largest coffee brands with over 40,200 locations globally, carries an investment-grade credit rating of BBB+ (S&P)

FOR SALE DETAILS

PRICE

$1,763,000 USD

PRICE/SF

$880 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C1

APN/PARCEL ID

6010069

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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