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Domino’s Pizza 2203 N Parkerson Ave 1,894 SF 100% Leased Retail Building Crowley, LA 70526 $903,386 CAD ($476.97 CAD/SF) 6.15% Cap Rate



INVESTMENT HIGHLIGHTS
- ±3.5 Years Remaining on Absolute NNN Lease – The property is encumbered by an absolute triple-net lease with approximately ±3.5 years remaining
- New Construction – Built in 2018 – Delivered in 2018, the property benefits from modern construction standards, minimizing capital expenditure risk
- Resilient Retail Submarket – The surrounding area demonstrates consistent population growth, stable household incomes
- National Credit Sublease by KBP Foods – The asset is leased to KBP Foods, a nationally recognized operator with over 1,100 units
- High-Visibility Corridor with Strong Traffic Counts – Strategically positioned on N Parkerson Avenue, a key arterial in a Lafayette submarket
- Strategic Small-Market Location – Crowley, LA – Crowley presents a compelling small-market opportunity with solid market fundamentals
EXECUTIVE SUMMARY
Broker of Record
Donnie Jarreau
License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550
Donnie Jarreau
License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,894 SF
Building Class
C
Year Built
2018
Price
$903,386 CAD
Price Per SF
$476.97 CAD
Cap Rate
6.15%
NOI
$55,558 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
0.67 AC
Frontage
104’ on Parkerson Ave
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Vermilion Gulf Seafood II Inc
- Wholesaler
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Vermilion Gulf Seafood II Inc | Wholesaler | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0610000100 | Improvements Assessment | $68,151 CAD |
| Land Assessment | $23,488 CAD | Total Assessment | $91,639 CAD |
PROPERTY TAXES
Parcel Number
0610000100
Land Assessment
$23,488 CAD
Improvements Assessment
$68,151 CAD
Total Assessment
$91,639 CAD
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Domino’s Pizza | 2203 N Parkerson Ave
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