Restaurant
Church's Chicken
1610 SW Railroad Ave, Hammond, LA 70403
Listing Price: $1,530,500
Investment Overview
This Church’s net leased investment offering is in the premier retail corridor in Hammond, Louisiana. SW Railroad Ave benefits from 12,300+ average daily traffic counts. The property is one block from the regions premier shopping destination, Hammond Square Shopping Center, with anchor tenants that include Target, ULTA, T.J.Maxx, JCPenney, Dillard’s, AMC Theaters, Home Depot, Best Buy, Pet Smart and Academy Sports. The dense retail corridor includes other national QSR and Casual Dining brands including Chick-Fil-A, Raising Cane’s, McDonald’s, Taco Bell, Sonic Drive-In, Wendy’s, Golden Corral, Olive Garden and Dairy Queen. There are 66,300+ residents in a five-mile radius with excellent spending power as the average household income exceeds $69,000.
Church's Chicken
Investment Highlights
- Annual CPI Rent Increase Capped (Three Percent Max is Superior to Market)
- Absolute NNN Lease – 10+ Years Remaining
- Dense Retail Corridor
- 12,300+ Average Daily Traffic
- Recent Five-Year Lease Extension
- Successful Operating History
- Population of 66,300 (Five-Mile Radius)
- Strong Average Household Income ($69,470 Five-Mile Radius)
Exclusively Listed By
Listing Price: $1,530,500
Investment Highlights
- Annual CPI Rent Increase Capped (Three Percent Max is Superior to Market)
- Absolute NNN Lease – 10+ Years Remaining
- Dense Retail Corridor
- 12,300+ Average Daily Traffic
- Recent Five-Year Lease Extension
- Successful Operating History
- Population of 66,300 (Five-Mile Radius)
- Strong Average Household Income ($69,470 Five-Mile Radius)
Investment Overview
This Church’s net leased investment offering is in the premier retail corridor in Hammond, Louisiana. SW Railroad Ave benefits from 12,300+ average daily traffic counts. The property is one block from the regions premier shopping destination, Hammond Square Shopping Center, with anchor tenants that include Target, ULTA, T.J.Maxx, JCPenney, Dillard’s, AMC Theaters, Home Depot, Best Buy, Pet Smart and Academy Sports. The dense retail corridor includes other national QSR and Casual Dining brands including Chick-Fil-A, Raising Cane’s, McDonald’s, Taco Bell, Sonic Drive-In, Wendy’s, Golden Corral, Olive Garden and Dairy Queen. There are 66,300+ residents in a five-mile radius with excellent spending power as the average household income exceeds $69,000.
Exclusively Listed By
