Restaurant
Popeyes
2021 Rees St, Breaux Bridge, LA 70517
Listing Price: $2,869,006
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Popeyes located at 2021 Rees Street in Breaux Bridge, LA. The site consists of roughly 5,497 rentable square feet of building space on estimated 1.39-acre parcel of land. This Popeyes is subject to a 25-year absolute triple-net (NNN) lease, which commenced December 31st, 20. The current annual rent is $164,968 and is scheduled to increase by 1.75%annually, beginning in January 2027, throughout the base term and in each of the 2, 5-year renewal options.
Exclusively Listed By
Listing Price: $2,869,006
Investment Highlights
- Brand New 25-Year Triple Net (NNN) With Zero Landlord Responsibilities
- Attractive Rental Increases of 1.75% Annually Starting in January 2027
- Two (2) Tenant Renewal Period of Five (5) Years
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Popeyes located at 2021 Rees Street in Breaux Bridge, LA. The site consists of roughly 5,497 rentable square feet of building space on estimated 1.39-acre parcel of land. This Popeyes is subject to a 25-year absolute triple-net (NNN) lease, which commenced December 31st, 20. The current annual rent is $164,968 and is scheduled to increase by 1.75%annually, beginning in January 2027, throughout the base term and in each of the 2, 5-year renewal options.
Exclusively Listed By
