$880,000
DOMINO'S PIZZA in Morgan City, LA
Details
Property Type Retail
Sub Type Restaurant
Square Footage 1,817
Cap Rate 5.36%
NOI $47,190
Tenancy Single
Brand/Tenant Dominos Pizza
Lease Type NNN
Lease Term 5
Rent Bumps Yes
Lease Options (3) Five Years
Year Built 2010
Acreage 6.410
Investment Type Net Lease
Lease Commencement 06/20/2031
Ground Lease No
Retail | 5.36% CAP | 1,817 SqFt
Marketing description
The property is located directly on U.S. Highway 90, the city's main, four lane arterial. This major east-west highway runs through southern Louisiana for more than 297 miles, eventually connecting with Interstate 10.
Investment highlights
- LARGEST U.S. FRANCHISEE OF DOMINO'S
- NEW 5 - Year Option | ABSOLUTE NNN | EXISTING 10 Years Business
- Subject to Seller's 1031 Exchange
- Approximately May 21, 2010
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,190.00
$3,932.50/mo
Valuation Metrics
0
DSCR
5.36%
Cap Rate
5.36%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
