Log In/Sign Up
Your email has been sent.
Dairy Queen Operated by 250+ Unit Franchisee 5435 Cypress St 2,562 SF Retail Building West Monroe, LA 71291 $2,943,247 CAD ($1,148.81 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Largest Franchisee Operator
- Absolute NNN Lease
- Strong Guaranty
- Long-Term Commitment
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Dairy Queen located at 5435 Cypress Street, West Monroe, LA 71291. The site consists of roughly 2,562 rentable square feet of building space on an estimated 1.02-acre parcel of land. This Dairy Queen is subject to a 20-year Triple Net (NNN) lease, which commenced 11/21/2018. The current annual rent is $131,779 and has scheduled increases of 8.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,562 SF
Building Class
C
Year Built
2014
Price
$2,943,247 CAD
Price Per SF
$1,148.81 CAD
Cap Rate
6.25%
NOI
$183,953 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.02 AC
Zoning
B-3 - General Business District
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27733 | Improvements Assessment | $87,218 CAD |
| Land Assessment | $39,092 CAD | Total Assessment | $126,310 CAD |
PROPERTY TAXES
Parcel Number
27733
Land Assessment
$39,092 CAD
Improvements Assessment
$87,218 CAD
Total Assessment
$126,310 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dairy Queen Operated by 250+ Unit Franchisee | 5435 Cypress St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.