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Starbucks 8420 W Judge Perez Dr

2,225 SF Retail Building Chalmette, LA 70043 $2,235,577 ($1,005/SF) 5.85% Cap Rate

Retail Space Louisiana Chalmette 8420 W Judge Perez Dr, Chalmette, LA 70043

Investment Highlights

  • Brande New 2024 Construction | Corporate Guarantee | Rare Self-CAM Clause | 10% Rental Increases Every 5 Years
  • Low Rent Factor | Rent is 27% Lower Than the Average New Construction Starbucks
  • Infill Location | Close Proximity to Downtown NOLA | 54,851 Residents Within 3 Miles
  • One-Off Signalized Intersection | Highly Trafficked Commercial Corridor | Exposure to 34,152 Vehicles Per Day
  • Limited National Coffee User Competition | 20+ Minutes to Next Closest Starbucks
  • 3M+ SF of Industrial, Office, and Flex Space Within 3 Miles | Multiple Oil Refineries, Port Facilities, Manufacturers

Executive Summary

Cooperating Broker
Brian Brockman – Broker
License #: BROK.0995684990-ASA
Bang Realty, Inc
bor@bangrealty.com
513-898-1551

Attachments

Starbucks Chalmette LA Marketing Package

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,225 SF
Building Class
B
Year Built
2024
Price
$2,235,577
Price Per SF
$1,005
Cap Rate
5.85%
NOI
$130,781
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.77 AC
Frontage
52 FT on West Judge Perez Drive
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8420 W Judge Perez Dr, Chalmette, LA - aerial map view - Image1
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8420 W Judge Perez Dr, Chalmette, LA - aerial map view - Image6

Nearby Major Retailers

Milestones
Starbucks
Rent-A-Center
Capital One
New Orleans Orignal Daiquiris
Planet Fitness
Woodforest National Bank
Chase Bank
Winn-Dixie
Krispy Krunchy Chicken

PROPERTY TAXES

Parcel Number 35050001GG4C Improvements Assessment $51,340
Land Assessment $31,386 Total Assessment $82,726

PROPERTY TAXES

Parcel Number
35050001GG4C
Land Assessment
$31,386
Improvements Assessment
$51,340
Total Assessment
$82,726
(305) 707-0969

Contact

  • Listing ID: 33936646

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 8420 W Judge Perez Dr, Chalmette, LA 70043

More public record information on 8420 W Judge Perez Dr, Chalmette, LA 70043

The Retail Property at 8420 W Judge Perez Dr, Chalmette, LA 70043 is currently available for sale. Contact Acropolis Commercial Advisors for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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8420 W Judge Perez Dr, Chalmette, LA for sale Building Photo- Image 1 of 8
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8420 W Judge Perez Dr, Chalmette, LA for sale Aerial- Image 4 of 8
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Starbucks | 8420 W Judge Perez Dr
(305) 707-0969 x

Starbucks | 8420 W Judge Perez Dr

Eric Wasserman

(305) 707-0969

(305) 707-0969

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