KFC Absolute NNN Leased Offering 104 EE Wallace Boulevard, Ferriday, LA Cap Rate 5.75% Ferriday ( Louisiana, US ) Built

$960,927 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 3,414 sq. ft.
  • Development Level: Built
  • Lot Size: 0.59 acres

Description

KFC Absolute NNN Leased Offering 104 EE Wallace Boulevard, Ferriday, LA Cap Rate 5.75%

Cap Rate: 5.75%
NOI: $55,253
Building Size: 3,414 sqft
Lot Area: 0.59 acres
Lease Type: Absolute Net

Price: $960,927 USD

DESCRIPTION
The subject offering is a NNN leased offering for a KFC in Ferriday, Louisiana. There are scheduled increases of 7% every five years in the initial term and at each of the two, five-year options. The asset is well situated on a hard corner and benefits from excellent access and visibility. This location had a recent image update.

HIGHLIGHTS
• Absolute NNN Lease
• 100% Fee Simple Interest
• Zero Landlord Obligations
• Scheduled Increases In Rent
• Image Update In 2018
• Strong And Experienced Operator - 250+ Unit Guaranty From Franchise Management Investors

For more information
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#442984605
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Information is deemed to be correct but not guaranteed.