412 Washington Ave - Fast Food FOR SALE


Mansfield, LA 71052- De Soto
$1,190,551 USD
516-477-7026
412 Washington Ave, Mansfield, LA for Sale
$1,190,551 USD
Fast Food - FOR SALE
1/3
null | 6.35% Cap Rate

412 Washington Ave
Mansfield, LA 71052
De Soto


HIGHLIGHTS

  • Institutional, Healthcare, and School-Based Demand
  • Supportive Demographics for Value-Oriented QSR
  • Dense Retail and Service Corridor
  • Strong Traffic Counts and Frontage

OVERVIEW

Surmount is pleased to present the exclusive listing for a Popeyes located at 412 Washington Avenue, Mansfield, LA 71052. The site consists of roughly 3,404 rentable square feet of building space on an estimated 1.89-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $75,600 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$1,190,551 USD

PRICE/SF

$340 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,217 SF

ZONING

-

APN/PARCEL ID

0400450805

ASK ABOUT THIS PROPERTY

James WesterbergSurmountMore Info
516-477-7026

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James WesterbergSurmountMore Info
516-477-7026

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