Log In/Sign Up
Your email has been sent.
Popeyes 218 South Dr 2,413 SF Retail Building Natchitoches, LA 71457 $2,511,839 CAD ($1,040.96 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Strong EBITDAR Coverage
- High Traffic Counts And Primary Corridor Frontage
- Nearby Schools And Education-Based Demand Drivers
- Surrounded By National And Regional Retail Anchors
Executive Summary
Surmount is pleased to present the exclusive listing for a Popeyes located at 218 South Drive, Natchitoches, LA 71457. The site consists of roughly 2,413 rentable square feet of building space on an estimated .63-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $123,480 and has scheduled increases of 2.00 % Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,413 SF
Building Class
C
Year Built
2025
Price
$2,511,839 CAD
Price Per SF
$1,040.96 CAD
Cap Rate
6.75%
NOI
$169,549 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.63 AC
Zoning
CH - STORES & COMMERCIAL BUILDING
Frontage
396’ on South Drive
Nearby Major Retailers
Property Taxes
| Parcel Number | 0011204250 | Improvements Assessment | $61,295 CAD |
| Land Assessment | $42,827 CAD | Total Assessment | $104,121 CAD |
Property Taxes
Parcel Number
0011204250
Land Assessment
$42,827 CAD
Improvements Assessment
$61,295 CAD
Total Assessment
$104,121 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Popeyes | 218 South Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.