$2,477,419 USD
512-543-7437
537 Evangeline Trl
Breaux Bridge, LA 70517
St Martin Parish
HIGHLIGHTS
- Little Blessings Daycare has been operating since 2008 with 20 locations across Louisiana and Texas.
- The property is subject to a recently executed long-term Absolute Triple Net (NNN) Lease with ~14 years remaining, 10% contractual rent increases.
- Attractive 7.75% going-in CAP Rate.
- 10% rental increases every 5 years to hedge against inflation and grow NOI over the term.
- More than 5,100 children ages 0-12 reside within a 5-mile radius, providing a concentrated family base to support ongoing childcare demand.
- Breaux Bridge offers convenient access to Interstate 10, providing direct connectivity to Lafayette, ~10 miles away, Baton Rouge, 50 miles away.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 10,000 SF Little Blessings located at 537 Evangeline Trail in Breaux Bridge, LA. This deal includes a ~14 year Absolute Triple Net (NNN) Lease with zero landlord responsibilities, ensuring consistent income with minimal management.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
FOR SALE DETAILS
PRICE
$2,477,419 USD
PRICE/SF
$248 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Little Blessings - Breaux Bridge, LA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
-
APN/PARCEL ID
06901C2762
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512-543-7437
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512-543-7437
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