27360 Crossing Circle - Fast Food FOR SALE


Denham Springs, LA 70726- Livingston Parish
$2,338,000 USD
480-221-4221
27360 Crossing Circle, Denham Springs, LA for Sale
$2,338,000 USD
Fast Food - FOR SALE
1/10
null | 3.85% Cap Rate

27360 Crossing Circle
Denham Springs, LA 70726
Livingston Parish


HIGHLIGHTS

  • 19 Years Remaining | Corporate Signature | Options To Extend | Scheduled Rental Increases
  • Absolute NNN Lease | Leased Fee Ownership | Zero Landlord Responsibilities
  • Premier Location Within Juban Crossing | $350M Mixed-Use Development
  • Strong 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 McDonald’s investment property located in Denham Springs, Louisiana. The tenant, McDonald’s, has 19 years of initial term remaining with 8 (5-year) options to extend, demonstrating their 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.

FOR SALE DETAILS

PRICE

$2,338,000 USD

PRICE/SF

$585 USD /SF

CAP RATE

3.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

McDonald's | Abs NNN Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

PUD

APN/PARCEL ID

0077073

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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