Listed by Saurage Rotenberg Commercial Real Estate
$998,000
Free-Standing Retail Building with Drive-Thru
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,187
Units 1
Cap Rate 8.39%
NOI $83,701
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 5
Price per SqFt $313
Year Built 1998
Year Renovated 2023
Buildings 1
Stories 1
Acreage 1.168
Zoning CH
Parking Spaces spaces
Occupancy Date 10/14/2024
Stand Alone NNN Leased Property with Drive-Thru
Investment highlights
FREE-STANDING RETAIL BUILDING with DRIVE-THRU
Located on Ambassador Caffery Pkwy. in Lafayette, LA.
3,187 SF Building
Approximately 1.168 Acre Lot
Upgraded Exterior Construction
130 Ft. Frontage on Ambassador Caffery
Zoned CH
High Traffic Counts: 40,456 CPD
PRIMARY RETAIL CORRIDOR; join national area retailers such as Walmart and Sam’s Club
Approximately 1 mile from Ochsner Lafayette General Orthopedic Center
9 minutes (5.4 miles) to Lafayette Amtrak Station
14 minutes (7.8 miles) to Lafayette Regional Airport (LFT)
THREE HOOD KITCHEN:
10 feet x 56 inches wide
6 feet x 4 feet wide
52 in x 32 in wide
TWO WALK-IN COOLERS
131 in x 97 in wide
77 in x 115 in wide
ONE WALK-IN FREEZER
131 in x 88 in wide
THREE CENTRAL A/C UNITS
York 7 ton
Listing Contacts
Listed by Saurage Rotenberg Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,701.00
$6,975.08/mo
Valuation Metrics
0
DSCR
8.39%
Cap Rate
8.39%
ROI
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