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31773204
32294117

801 Frogmore Dr, Baton Rouge, LA 70820

MY
CA 01823291
Cushman & Wakefield - Sacramento, California
SC
CA 01318288
Cushman & Wakefield - Sacramento, California
VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California
$3,826,000
23 days on market
Updated 23 days ago

Chipotle | 5 Minutes from LSU (42,000+ Students)

Details
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 3,000
Cap Rate 5.15%
NOI $197,000
Tenancy Single
Brand/Tenant McDonald's, Chick-fil-A (+1)
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 12/31/2040
Remaining Term 14.7
Rent Bumps Yes
Price per SqFt $1,275
Broker Co-Op Yes
Year Built 2025
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/01/2025
Ground Lease No

New 15-Year Abs NNN Lease | Very close to Downtown Baton Rouge

Marketing description

» 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 (334 new company owned units, with 257 locations including a Chipotlane).

» Chipotle’s 2026 growth strategy blends rapid physical expansion, digital transformation, and operational automation, offsetting modest same-store traffic challenges.

Investment highlights

» Minutes from LSU: Located five minutes from Louisiana State University (Louisiana’s flagship university, home to 42,000+ students), drawing significant student and local traffic past the site.

» Prime Chipotle Location: High-visibility and easily accessible location near the intersection of W Lee Dr (31,000+ AADT) and State Route 30 /Nicholson Dr (18,000+ AADT), a major throughfare feeding directly to LSU.

» Ideal Demographic Base: The five-mile radius serves a populous region of 132,447, with an average annual household income of $99,474 within three miles.

» Nearby Student Housing Communities: Within walking distance of multiple LSU student housing communities such as Arlington Cottages and Townhomes (732 units), Campus Crossings on Brightside (252 units), and Oakbrook Apartments (244 units).

» Beneficial Proximity to Hospitals: This Chipotle is located within five miles of Baton Rouge’s major hospitals — Our Lady of the Lake Regional Medical Center (900+ beds; 7,500+ employees), Our Lady of the Lake Regional Medical Center (99 beds; 7,500+ employees), and Baton Rouge General -Bluebonnet (355 beds; 3,500+ employees).

» Downtown Baton Rouge: Less than five miles from Downtown Baton Rouge (227,000+ residents), drawing significant commuter and local traffic past the site.

Listing Contacts

MY
CA 01823291
Cushman & Wakefield - Sacramento, California
SC
CA 01318288
Cushman & Wakefield - Sacramento, California
VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$197,000.00
$16,416.67/mo

Valuation Metrics

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DSCR
5.15%
Cap Rate
5.15%
ROI

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