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420 Sam Houston Jones Pky 2,165 SF Retail Building Moss Bluff, LA 70611 $3,375,194 CAD ($1,558.98 CAD/SF)



Investment Highlights
- Starbucks with Minimal Maintenance on a Heavily Trafficked Section of Sam Houston Jones Parkway (21,000 VPD)
- Directly Across from Moss Bluff Elementary with Over 1,000 Students Enrolled Providing a Built-In Activity Generator
- Ideal Affluent/Wealthy Customer Base Making This an Ideal Starbucks Location
- Rare 15-Year Original Lease with 13 Years Remaining and Scheduled Rent Increases
- Retail Corridor Anchored by One of Louisiana's Busiest Walmart Locations (Placer.ai)
Executive Summary
-Passive Starbucks Leased Asset with High Traffic: Starbucks Leased Asset with Minimal Landlord Maintenance Located on a Heavily Trafficked Section of Sam Houston Jones Parkway (21,000 Vehicles Per Day (VPD)) in Lake Charles, LA
-Rare 15-Year Lease w/13-Years Remaining and Rent Increases: Rare Opportunity to Purchase This Recently Constructed Building (2023) with Roughly 13 Years of Base Term Remaining and 10 Percent Rent Increases in 2029 and in Each Option to Hedge Inflation
-High Activity Walmart Anchored Retail Center: Heavily Trafficked Retail Node Anchored by One of the Most Highly Trafficked Walmart Locations in Louisiana (Placer.ai) with Surrounding Tenants Including Popeyes, Taco Bell, and McDonald’s
-Directly Across from Moss Bluff Elementary School: Strategically Positioned Site Located Directly Across from Moss Bluff Elementary School with +/- 1,000 Students (Grades Pre-K Through 5) Providing a Built-In Activity Generator
-Ideal Affluent/Wealthy Customer Base: Situated in an Area with Over 41,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $126,000 Making This an Ideal Starbucks Location
-Corporate Guarantee: Lease Corporately Guaranteed by Starbucks, the Largest Coffeehouse in the World with Over 40,000 Stores Globally in 80 Countries, 15,000+ of Which Are Located in the US
-Rare 15-Year Lease w/13-Years Remaining and Rent Increases: Rare Opportunity to Purchase This Recently Constructed Building (2023) with Roughly 13 Years of Base Term Remaining and 10 Percent Rent Increases in 2029 and in Each Option to Hedge Inflation
-High Activity Walmart Anchored Retail Center: Heavily Trafficked Retail Node Anchored by One of the Most Highly Trafficked Walmart Locations in Louisiana (Placer.ai) with Surrounding Tenants Including Popeyes, Taco Bell, and McDonald’s
-Directly Across from Moss Bluff Elementary School: Strategically Positioned Site Located Directly Across from Moss Bluff Elementary School with +/- 1,000 Students (Grades Pre-K Through 5) Providing a Built-In Activity Generator
-Ideal Affluent/Wealthy Customer Base: Situated in an Area with Over 41,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $126,000 Making This an Ideal Starbucks Location
-Corporate Guarantee: Lease Corporately Guaranteed by Starbucks, the Largest Coffeehouse in the World with Over 40,000 Stores Globally in 80 Countries, 15,000+ of Which Are Located in the US
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,165 SF
Building Class
B
Year Built
2023
Price
$3,375,194 CAD
Price Per SF
$1,558.98 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.37 AC
Zoning
C-2 - General Commercial
Amenities
- Restaurant
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01364031 | Improvements Assessment | $0 CAD |
| Land Assessment | $418 CAD | Total Assessment | $418 CAD |
Property Taxes
Parcel Number
01364031
Land Assessment
$418 CAD
Improvements Assessment
$0 CAD
Total Assessment
$418 CAD
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420 Sam Houston Jones Pky
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