9601-9651 Jefferson Hwy - Retail FOR SALE
River Ridge, LA 70123 |
9601-9651 Jefferson Hwy
River Ridge, LA 70123
HIGHLIGHTS
- 15 Years Remaining on Absolute Triple-Net (NNN) Corporate Ground Lease with McDonald's (NYSE: MCD)
- 10 Percent Rental Increases Every Five Years
- Original Building from 1983 was Completely Demolished and Rebuilt to McDonald's Newest Prototype in 2018
- Long Term Tenancy - McDonald's has Operated at This Location for 40+ Years, Showing Commitment to the Site
- Excellent Frontage Along Jefferson Highway (24,000 Cars per Day)
- Outparcel to Breaux Mart Grocery Store and CVS
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
McDonald's Ground Lease
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
63615
STORIES
1
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
327
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
3912861113
