Brand New 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities Established Operator of Convenience Stores in Louisiana and Texas That Currently Operates 40+ Locations Excellent Visibility From S Harrells Ferry Road and O’Neal Lane
2% Annual Rent Increases With Four 5-Year Options Strong Store Performance – 2.92x Rent Coverage Signalized Corner Location
Sands Investment Group i s P leased to Exclusively Offer For Sale the 4,509 SF Convenience Store a t 2980 O’Neal Lane in Baton Rouge, Louisiana. This Brand New 20 Year Absolute Triple Net Lease With Zero Landlord Responsibilities and Annual Rent Increases, Provides For a Stable Income Stream.
Price $2,995,401 Property Subtype Convenience Store
Price Per SF $664 Lot Size 0.60 AC
Sale Type Investment Gross Leasable Area 4,509 SF
Cap Rate 6.75% No. Stories 1
Property Type Retail Year Built 1980