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Dees Xquisite Seafood - Baton Rouge, LA 4564 Bennington Ave 5,560 SF Retail Building Baton Rouge, LA 70808 $1,255,680 CAD ($225.84 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Dees Xquisite Seafood is a New Orleans seafood restaurant that specializes in selling chargrilled blue crabs, dungeness crabs, and more.
- 3% annual rent increases, providing for a healthy hedge against inflation.
- Located between a Walmart and a Hobby Lobby-anchored shopping center, providing great daily traffic counts to the restaurant.
- Over 4 years remaining on a Triple Net (NNN) Lease with zero landlord responsibilities.
- Located 2.5 miles from Louisiana State University (LSU), the Flagship university of the state of Louisiana (enrollment of over 42,000 students).
- The store benefits from the traffic counts on College Dr, which sees an average of over 77,539 vehicles per day.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively present for sale the 5,560 SF Dees Xquisite Seafood restaurant located at 4564 Bennington Avenue in Baton Rouge, LA. This opportunity features a Triple Net (NNN) Lease with zero landlord responsibilities and 3% annual rent increases, offering a reliable hedge against inflation. With a stable lease structure, this property provides an attractive, hassle-free investment opportunity.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,560 SF
Building Class
C
Year Built
1990
Price
$1,255,680 CAD
Price Per SF
$225.84 CAD
Cap Rate
8%
NOI
$100,454 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.58 AC
Zoning
C-AB-1 - C-AB-1
Parking
45 Spaces (8.09 Spaces per 1,000 SF Leased)
Frontage
109’ on Bennington Ave
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dees Xquisite Seafood
- Accommodation and Food Services
- 5,560 SF
- $18.07 CAD
- Triple Net
- May 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dees Xquisite Seafood | Accommodation and Food Services | 5,560 SF | $18.07 CAD | Triple Net | May 2030 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00793264 | Improvements Assessment | $111,046 CAD |
| Land Assessment | $10,576 CAD | Total Assessment | $121,622 CAD |
PROPERTY TAXES
Parcel Number
00793264
Land Assessment
$10,576 CAD
Improvements Assessment
$111,046 CAD
Total Assessment
$121,622 CAD
CONTACTS
-
Jordan Mulloy -
Will Schuhmacher -
Kristen Pierson -
Sands Investment Group Austin, LLC
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Dees Xquisite Seafood - Baton Rouge, LA | 4564 Bennington Ave
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