3112 Cypress St - Restaurant FOR SALE
West Monroe, LA 71291 |
3112 Cypress St
West Monroe, LA 71291
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
- Brandon & Rachel Thompson are Experienced Operators with Over 15 Years in the Restaurant Space.
- They Currently Own/Operate Three Walk-On’s Locations and Have a Development Agreement to Open 9 Freddy’s Locations
- Estimated ±$1,300,000 Interior/Exterior Renovation of Current Building - Slated to Open March 2023 (Est.)
- Positioned on a Large ±1.03-Acre Lot with Excellent Visibility/Access on Cypress St, where Traffic Counts Exceed 21,178 CPD!
- Total Population (5-MI): 82,963 | Average Household Income (3-MI): $58,855
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
FREDDY'S FROZEN CUSTARD - WEST MONROE, LA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
3227
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
13876
