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Fuego Tortilla Grill Next to LSU Campus 805 W Lee Dr 3,263 SF 4-Star Retail Building Baton Rouge, LA 70820 $5,862,864 CAD ($1,796.77 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 20 Year Absolute Net Sale Leaseback with Zero Landlord Responsibilities
- Five-Mile Daytime Population from Subject Property of 248,874
- 3,263 SF Building on 2.40 Acre Lot
- Less than 2 Miles from the LSU Campus with 42,016 Student Enrollment
- Direct Frontage Access on W Lee Dr with over 25,000 VPD
- 10 Percent Rent Increases Every 5 Years
EXECUTIVE SUMMARY
Paine Restaurant Group at Marcus & Millichap is pleased to offer for sale the new construction located at 805 West Lee Drive in Baton Rouge, Louisiana. The property will operate under an absolute NNN lease with zero landlord responsibilities, offering investors truly passive income. The 20-year sale-leaseback provides a reliable income stream with 10 percent rent increases every five years, ensuring built-in growth and inflation protection. Additionally, there are four further five-year renewal options, each with the same rent escalations, enhancing the long-term stability of this investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,263 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$5,862,864 CAD
Price Per SF
$1,796.77 CAD
Cap Rate
6%
NOI
$351,772 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.07 AC
Zoning
F1 - Commercial
NEARBY MAJOR RETAILERS
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Fuego Tortilla Grill Next to LSU Campus | 805 W Lee Dr
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