5101 University Pky - Fast Food FOR SALE


Natchitoches, LA 71457
$1,851,852 USD
516-477-7026
5101 University Pky, Natchitoches, LA for Sale
$1,851,852 USD
Fast Food - FOR SALE
1/2
null | 6.75% Cap Rate

5101 University Pky
Natchitoches, LA 71457


HIGHLIGHTS

  • Strong EBITDAR Coverage
  • Nearby Schools And Education-Based Demand Drivers
  • Regional Airport Access And Employment Connectivity
  • Surrounded By National Retail, QSR, And Hospitality Uses

OVERVIEW

Surmount is pleased to present the exclusive listing for a Popeyes located at 5101 University Parkway, Natchitoches, LA 71457. The site consists of roughly 2,194 rentable square feet of building space on an estimated .68-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 $125,000 and has scheduled increases of 2.00 % Annually.

FOR SALE DETAILS

PRICE

$1,851,852 USD

PRICE/SF

$850 USD /SF

CAP RATE

6.75%

% 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

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

0011473011

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.