HIGHLIGHTS
- Dees Xquisite Seafood is a New Orleans seafood restaurant that specializes in selling chargrilled blue crabs, dungeness crabs, and more.
- Over 4 years remaining on a Triple Net (NNN) Lease with zero landlord responsibilities.
- 3% annual rent increases, providing for a healthy hedge against inflation.
- Located 2.5 miles from Louisiana State University (LSU), the Flagship university of the state of Louisiana (enrollment of over 42,000 students).
- Located between a Walmart and a Hobby Lobby-anchored shopping center, providing great daily traffic counts to the restaurant.
- The store benefits from the traffic counts on College Dr, which sees an average of over 77,539 vehicles per day.
OVERVIEW
Sands Investment Group is pleased to exclusively present for sale the 5,560 SF Dees Xquisite Seafood restaurant located at 4564 Bennington Avenue in Baton Rouge, LA. This opportunity features a Triple Net (NNN) Lease with zero landlord responsibilities and 3% annual rent increases, offering a reliable hedge against inflation. With a stable lease structure, this property provides an attractive, hassle-free investment opportunity.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
FOR SALE DETAILS
PRICE
$960,000 USD
PRICE/SF
$173 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dees Xquisite Seafood - Baton Rouge, LA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
0.58 AC
LAND SF
25,265 SF
ZONING
C-AB-1
APN/PARCEL ID
00793264
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512-768-0380
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512-768-0380
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