$3,940,000 USD
601-383-1022
801 Frogmore Dr
Baton Rouge, LA 70820
Highlands/Perkins
HIGHLIGHTS
- Long-Term Stability – Over ±15 years remaining on a corporately guaranteed lease, ensuring consistent cash flow and long-term investment security.
- Strong National Brand – Chipotle is a globally recognized and trusted food service leader, driving strong consumer traffic and brand loyalty across ma
- Zero Landlord Obligations – The absolute NNN lease structure eliminates landlord responsibilities, allowing for a truly passive, management-free inves
- Attractive Renewal Options – Tenant holds four, five-year renewal options with 10% rental increases, providing built-in rent growth and a reliable hed
FOR SALE DETAILS
PRICE
$3,940,000 USD
PRICE/SF
$1,576 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chipotle
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,621 SF
ZONING
-
APN/PARCEL ID
30825704
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601-383-1022
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601-383-1022
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