2203 N Parkerson Ave - Restaurant FOR SALE
Crowley, LA 70526 |
$652,500 USD
866-889-0550
2203 N Parkerson Ave
Crowley, LA 70526
HIGHLIGHTS
- ±3.5 Years Remaining on Absolute NNN Lease – The property is encumbered by an absolute triple-net lease with approximately ±3.5 years remaining
- National Credit Sublease by KBP Foods – The asset is leased to KBP Foods, a nationally recognized operator with over 1,100 units
- New Construction – Built in 2018 – Delivered in 2018, the property benefits from modern construction standards, minimizing capital expenditure risk
- High-Visibility Corridor with Strong Traffic Counts – Strategically positioned on N Parkerson Avenue, a key arterial in a Lafayette submarket
- Resilient Retail Submarket – The surrounding area demonstrates consistent population growth, stable household incomes
- Strategic Small-Market Location – Crowley, LA – Crowley presents a compelling small-market opportunity with solid market fundamentals
FOR SALE DETAILS
PRICE
$652,500 USD
PRICE/SF
$345 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Domino’s Pizza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.67 AC
LAND SF
29,185 SF
ZONING
-
APN/PARCEL ID
0610000100
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866-889-0550
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