805 W Lee Dr - Retail FOR SALE


Baton Rouge, LA 70820- Highlands/Perkins
$4,200,000 USD
972-755-5208
805 W Lee Dr, Baton Rouge, LA for Sale
$4,200,000 USD
Retail - FOR SALE
1/3
null | 6% Cap Rate

805 W Lee Dr
Baton Rouge, LA 70820
Highlands/Perkins


HIGHLIGHTS

  • 20 Year Absolute Net Sale Leaseback with Zero Landlord Responsibilities
  • Less than 2 Miles from the LSU Campus with 42,016 Student Enrollment
  • Five-Mile Daytime Population from Subject Property of 248,874
  • Direct Frontage Access on W Lee Dr with over 25,000 VPD
  • 3,263 SF Building on 2.40 Acre Lot
  • 10 Percent Rent Increases Every 5 Years

OVERVIEW

Paine Restaurant Group at Marcus & Millichap is pleased to offer for sale the new construction located at 805 West Lee Drive in Baton Rouge, Louisiana. The property will operate under an absolute NNN lease with zero landlord responsibilities, offering investors truly passive income. The 20-year sale-leaseback provides a reliable income stream with 10 percent rent increases every five years, ensuring built-in growth and inflation protection. Additionally, there are four further five-year renewal options, each with the same rent escalations, enhancing the long-term stability of this investment.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$1,287 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fuego Tortilla Grill Next to LSU Campus

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sam NoeMarcus & MillichapMore Info
972-755-5208

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Sam NoeMarcus & MillichapMore Info
972-755-5208

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