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21935833
21970585

31669 LA-16, Denham Springs, LA 70726

PF
IL 475118789
Matthews
MN
CO 100103302
Matthews
LC
IL 475.211358
NS
IL IL 475210757
Matthews
Listed by Matthews
$1,295,000
488 days on market
Updated 140 days ago

STARBUCKS

Details
APN 0555433
Property Type Retail
Sub Type Coffee Shop
Square Footage 1,750
Net Rentable (SqFt) 1,750
Units 1
Cap Rate 6.33%
NOI $81,912
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Term 10
Lease Expiration 02/28/2027
Remaining Term 0.7
Rent Bumps Yes
Lease Options 4, 5-Year Options
Broker Co-Op Yes
Year Built 2007
Buildings 1
Stories 1
Acreage 0.630
Investment Type Net Lease
Lease Commencement 03/01/2017
Ground Lease No
Ownership Fee Simple

Small price point net lease Starbucks property with under market rent

Investment highlights

  • Investment Grade Credit Tenant

    • The tenant is Starbucks Corporation (S&P: BBB+ | NASDAQ: SBUX), an investment-grade tenant and one of the largest QSR operators in the world.

  • Proven Commitment to Site

    • Starbucks has previously extended their lease terms early to remain in place for 10 years, rather than the scheduled 5 years at the time.

  • Baton Rouge MSA

    • Denham Springs is located just outside of Baton Rouge, Louisiana’s second largest city and home to more than 220,000 residents, Louisiana State University,
      and the State Capital.

    • The site is located within a dense retail corridor, featuring national tenants such as McDonald’s, Raising Cane’s, Burger King, Taco Bell, Sonic Drive-In, Exxon, Circle K, Dollar General, and numerous regional and local retail brands.

  • Convenient Interstate Access | Limited Competition

    • The sites sit directly on Louisiana Highway 16 (±23,000 VPD), the primary thoroughfare leading north from Denham Springs.

    • The site is one of two stand alone Starbucks locations in Denham Springs, and sees ±15,000 monthly visitors on average.

    • The site features pylon signage, easily visible from the highway and surrounding streets.

  • Drive-Thru Location

    • The site features a drive-thru, offering extra access points for consumers and increasing re-tenanting capabilities.

  • NN Lease Structure

    • The site operates on a NN lease structure, offering an investment opportunity with minimal landlord responsibilities.

Listing Contacts

PF
IL 475118789
Matthews
MN
CO 100103302
Matthews
LC
IL 475.211358
NS
IL IL 475210757
Matthews
Listed by Matthews

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,912.00
$6,826.00/mo

Valuation Metrics

0
DSCR
6.33%
Cap Rate
6.33%
ROI

Map

Zoning

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C-1 CommercialSpecial CommercialLight Commercial
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Last updated Mar 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Donnie Jarreau
License
BROK.995704351-CORP (LA)
Brokerage
Matthews Real Estate Investment Services, Inc.
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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