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Pizza Hut 9631 Mansfield Rd 2,400 SF Retail Building Shreveport, LA 71118 $1,696,444 CAD ($706.85 CAD/SF) 6.35% Cap Rate


INVESTMENT HIGHLIGHTS
- Excellent Frontage on Mansfield Road
- Strong Demographics
- Across the Street from Strong-Performing Walmart Supercenter
- Absolute NNN Sale-Leaseback with Annual Rental Increases
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Pizza Hut located at 9631 Mansfield Rd, Shreveport, LA 71118. The site consists of roughly 2,400 rentable square feet of building space on an estimated 0.69-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $77,500 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
B
Year Built
2017
Price
$1,696,444 CAD
Price Per SF
$706.85 CAD
Cap Rate
6.35%
NOI
$107,724 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.69 AC
Frontage
30,000’ on Mansfield Rd
AMENITIES
- Freeway Visibility
- Signage
- Drive Thru
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 161409-080-0002-00 | Improvements Assessment | $180,654 CAD |
| Land Assessment | $42,829 CAD | Total Assessment | $223,484 CAD |
PROPERTY TAXES
Parcel Number
161409-080-0002-00
Land Assessment
$42,829 CAD
Improvements Assessment
$180,654 CAD
Total Assessment
$223,484 CAD
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Pizza Hut | 9631 Mansfield Rd
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