607 NW Main St | Bunkie, LA 71322
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607 NW Main St
Bunkie, LA 71322
Pizza Hut - 14+ Yrs Remaining · Retail Property For Sale
Investment Highlights
- 14+ Year leased Pizza Hut in Louisiana
- 1.25% annual rental bumps throughout lease term
- 2021 remodel at tenant's expense; expected to cost $171k - strong commitment to site
- ADT Pizza is a large growing franchisee - 174+ units
- Low rent to sales ratio: 8%
- Tenant reported having 20% uptick in company sales during COVID-19 crisis
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,496 SF
Year Built/Renovated
2005/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.34 AC
PROPERTY TAXES
| Parcel Number | 012-20924460 | Improvements Assessment | $73,920 |
| Land Assessment | $4,500 | Total Assessment | $78,420 |
PROPERTY TAXES
Parcel Number
012-20924460
Land Assessment
$4,500
Improvements Assessment
$73,920
Total Assessment
$78,420
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