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New Orleans Original Daiquiris 12411 US-90

2,277 SF Retail Building Luling, LA 70070 $1,122,900 ($493/SF) 7.50% Cap Rate

Retail Space Louisiana Luling 12411 US-90, Luling, LA 70070

Investment Highlights

  • Absolute Triple-Net (NNN) Lease | Zero Landlord Responsibilities
  • Rental Increases Of Three Percent (3.00%) Annually Beginning In 2030
  • Brand New Twenty (20)-Year Lease | Approximately 19.6 Years Remaining | Four (4), Five (5)-Year Options

Executive Summary

NNN Pro is pleased to present the exclusive listing for a New
Orleans Original Daiquiris located at 12411 US-90, Luling, LA
70070. The site consists of roughly 2,277 rentable square feet of
building space on an estimated 1.18-acre parcel of land. This New
Orleans Original Daiquiris is subject to a 19.6-year Triple Net
(NNN) lease, which commenced 7/1/2024. The current annual
rent is $84,219 and has scheduled increases of 3.00% annually
starting in Year 7.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
2,277 SF
Building Class
C
Year Built
1994
Price
$1,122,900
Price Per SF
$493
Cap Rate
7.50%
NOI
$84,219
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.18 AC
Parking
13 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
392 FT on U.S. 90
1 of 1

Nearby Major Retailers

Snap Fitness 24/7
SOL Spa
Curves
Capital One
Anytime Fitness
Winn-Dixie

PROPERTY TAXES

Parcel Number -7- 539 00B GV-1A Improvements Assessment $20,756
Land Assessment $24,790 Total Assessment $45,546

PROPERTY TAXES

Parcel Number
-7- 539 00B GV-1A
Land Assessment
$24,790
Improvements Assessment
$20,756
Total Assessment
$45,546
(332) 345-4222

Contacts

  • Listing ID: 33939735

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 12411 US-90, Luling, LA 70070

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New Orleans Original Daiquiris | 12411 US-90
(332) 345-4222 x

New Orleans Original Daiquiris | 12411 US-90

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Judson Kauffman

(332) 345-4202

(332) 345-4202

Hannan Ben Yosef

(332) 345-4384

(332) 345-4384

Matthew Sorace

(332) 345-7813

(332) 345-7813

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