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Burger King | Corp Abs NNN | DriveThru 9827 Bluebonnet Blvd

2,425 SF Retail Building Baton Rouge, LA 70810 $1,920,000 ($792/SF) 6.61% Cap Rate

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Investment Highlights

Over 4 Years Remaining | Corporate Guaranteed | Options To Extend | Well-Known & Established Brand
Mall of Louisiana (1,559,000 SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Near Signalized, Hard Corner Intersection | I10 (122,000+ VPD) | Excellent Visibility & Access

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Burger King investment property located in Baton Rouge, Louisiana. The tenant, GPS Hospitality, has over 4 years remaining on their current lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases that started in year 6 of the initial term and throughout the option periods, steadily growing NOI and hedging against inflation. The lease is an Absolute NNN lease with zero landlord responsibilities making it an ideal investment opportunity for a passive investor.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Building Size

2,425 SF

Building Class

Year Built

2007

Price

$1,920,000

Price Per SF

$792

Cap Rate

6.61%

NOI

$126,824

Tenancy

Single

Building Height

1 Story

Building FAR

0.06

Land Acres

0.87 AC

Zoning

General Commercial

Parking

12.78 Spaces per 1,000 SF Leased

Amenities

Corner Lot
Freeway Visibility

Pylon Sign
Restaurant

Signage
Signalized Intersection

Drive Thru

Accommodation and Food Services
99,999 SF
-
Lorem Ipsum
Jan 0000

Every day, guests visit Burger King restaurants around the world. And they do so because Burger King restaurants are known for serving high-quality, great-tasting, and affordable food. Founded in 1954, Burger King is the second largest fast food hamburger chain in the world. The original Home of the Whopper, their commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined the brand for years.

Tenant	Industry	SF OCCUPIED	RENT/SF	Lease Type		Lease End
	Accommodation and Food Services	99,999 SF	-	Lorem Ipsum		Jan 0000

PROPERTY TAXES

Parcel Number	02459949	Improvements Assessment	$30,000
Land Assessment	$97,200	Total Assessment	$127,200

PROPERTY TAXES

Parcel Number

02459949

Land Assessment

$97,200

Improvements Assessment

$30,000

Total Assessment

$127,200

Listing ID: 27895985
Date on Market: 3/6/2023
Last Updated:
Address: 9827 Bluebonnet Blvd, Baton Rouge, LA 70810

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9827 Bluebonnet Blvd, Baton Rouge, LA for sale Primary Photo- Image 1 of 9 — Baton Rouge LA - Burger King

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