Whataburger – GL Bossier City, LA

2620 Airline Dr
Bossier City, LA

Price: $1900000
Cap Rate: 5.00%
NOI: $95,000
Building Size: Approx. 3196 Sq. Ft.
Lot Size: Approx. 1.16 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2016

Investment Overview

  • New Construction | 3,196+/- SF Building on 1.16+/- Acre Site
  • 15-Yr Corp NNN Ground Lease w/ 10% Rent Bumps Every 5-Yrs
  • Located along Airline Dr (34,000 VPD), just S of Interstate 220 (37,000 VPD)
  • Near Kroger, Lowes, Walmart SC, Sam’s, Walgreens, Dickey’s, Hampton Inn, & Raising Cane’s
  • Proximity to: Tallow Wood (152-Units) | Green Acres Village (104-Units) | Parkland Villa Apt. (214-Units)
  • 7-Miles NE of Louisiana Boardwalk Outlets (550,000 SF) | 8-Miles NE of Mall St. Vincent (550,000 SF)
  • Attractions: Louisiana Boardwalk | Eldorado Resort Casino | CenturyLink Center | State Fair of Louisiana
  • Major Employers: Barksdale Airforce Base (12,321 Empl.) | Bossier Parish School Board (2,901 Empl.)
  • North Louisiana is the most cost competitive place to do business in the United States – Forbes Magazine
  • 5-Mile Radius: 2015 Estimated Population: 88,871 l  1-Mile Average Household Income:  $58,591
  • Shreveport – Bossier City (MSA) | 2.5-Hrs E of Dallas, TX & 3.75-Hrs NW of Baton Rouge, LA

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