BRQ Sale Leaseback
10423 Jefferson Hwy
Baton Rouge, Louisiana 70809
- Listing Type:
- For Sale
- Listing Price:
- $2,283,333.00
- Property Type:
- Retail
- Year Built:
- 2017
- Tenancy:
- single
- Building Size:
- 5480.00 SqFt
- Land Area:
- 1.35 Acres
Description:
Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
Brand New Long-Term 15-Year Lease
Rent to Sales Ratio of 3%
Lease is Below Market Rate Rents
10% Rental Increases Every 5 Years
Centrally Located With Easy Access From Multiple Parts of the City
Within the Path of Growth for Baton Rouge
Owned By Industry Veterans With Over 17 Restaurants Opened and Over 45 Years of Restaurant Experience
Tenant Owns and Operates the Adjacent Louisiana Culinary Institute, Which Provides Ample Opportunities to Recruit Top Talent
Request Offering Memorandum and NDA from agents. NDA identifying the buyer is required to release sales figures
Presented by:
Director of Commercial Sales and Leasing
Mr.
(225) 252-3733
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