27810 Juban Rd
Denham Springs, LA
Price:
$2,383,000
Cap Rate:
5.75%
NOI:
$137,000
Building Size:
Approx. 2,200 Sq. Ft.
Lot Size:
Approx. 0.86 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2019 Construction. 2,200+/- SF Building on .86+/- Acre Site
- New 10-Year Corp Lease w/ 10% Rent Bumps Every 5-Yrs
- Located along Juban Rd (9K VPD), just S of I-20 (55K VPD)
- Signalized Hard Corner, Across Juban Crossings (1.2M S.F)
- In the heart of one of Louisiana’s Fastest Growing Parishes
- Surrounded by New Residential & Multi-Family Communities
- Strong Demographics w/ above average HH Income: $87,952
- 18-Miles E of Downtown Baton Rouge & LSU (45K Students)
- Greater Baton Rouge (MSA) | Fast Growing Metros in the U.S