801 Frogmore Dr - Fast Food FOR SALE


Baton Rouge, LA 70820- Highlands/Perkins
$3,826,000 USD
415-852-5177
801 Frogmore Dr, Baton Rouge, LA for Sale
$3,826,000 USD
Fast Food - FOR SALE
1/6
null | 5.15% Cap Rate

801 Frogmore Dr
Baton Rouge, LA 70820
Highlands/Perkins


HIGHLIGHTS

  • New 15-year absolute NNN lease to Chipotle, a globally recognized Mexican restaurant chain with over 4,000 stores worldwide.
  • 10% rental increases every five (5) years in initial term and four (4) option periods of five years each, ensuring consistent income growth.
  • Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
  • Chipotle reported total 2025 revenue of $11.9 billion, marking a 5.4% year over year increase, primarily driven by aggressive restaurant expansion.
  • Chipotle’s 2026 growth strategy blends rapid physical expansion, digital transformation, and operational automation.

OVERVIEW

This property is ideally situated just five minutes from Louisiana State University, the state’s flagship institution and home to over 42,000 students, ensuring a steady flow of student and local traffic. Located near the intersection of W Lee Drive, which sees over 31,000 vehicles per day, and State Route 30/Nicholson Drive, with an additional 18,000 AADT, the site offers exceptional visibility and accessibility along a major corridor leading directly to LSU. The surrounding five-mile trade area includes a population of 132,447 and boasts an average household income of $99,474 within three miles, creating a strong demographic foundation for sustained demand. The property is within walking distance of several large student housing communities, including Arlington Cottages and Townhomes (732 units), Campus Crossings on Brightside (252 units), and Oakbrook Apartments (244 units), further amplifying consistent customer traffic. Additionally, it benefits from proximity to key medical hubs, such as Our Lady of the Lake Regional Medical Center, which provides more than 900 beds and employs over 7,500 staff, along with Baton Rouge General – Bluebonnet with 355 beds and 3,500 employees. Positioned less than five miles from Downtown Baton Rouge, home to over 227,000 residents, this Chipotle location captures commuter, student, and neighborhood traffic alike, making it a prime destination in a dynamic growth market.

FOR SALE DETAILS

PRICE

$3,826,000 USD

PRICE/SF

$1,275 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle - Near LSU (42,000 students)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,170 SF

ZONING

-

APN/PARCEL ID

30825704

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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