6825 Pines Rd - Retail FOR SALE


Shreveport, LA 71129- Airport/Pines Road
$1,220,472 USD
332-345-4222
6825 Pines Rd, Shreveport, LA for Sale
$1,220,472 USD
Retail - FOR SALE
1/2
null | 6.35% Cap Rate

6825 Pines Rd
Shreveport, LA 71129
Airport/Pines Road


HIGHLIGHTS

  • Across the Street from The Home Depot | Dense Retail Corridor
  • High Traffic Counts on Strong Throughway
  • Robust Guarantee from Growing Franchisee
  • Absolute NNN Sale-Leaseback with Annual Rental Increases

OVERVIEW

Surmount is pleased to present the exclusive listing for a Pizza Hut located at 6825 Pines Rd, Shreveport, LA 71129. The site consists of roughly 1,700 rentable square feet of building space on an estimated 0.66-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $77,500 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$1,220,472 USD

PRICE/SF

$718 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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