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Restaurant

Church's Chicken

1610 SW Railroad Ave, Hammond, LA 70403

Listing Price: $1,530,500

Cap Rate
5.65%
Tenant Name
Church's Chicken
Years Remaining On Lease
9.9
Guarantor
Franchisee Guarantee
Rentable SF
1,456
Lease Type
Absolute Net
Rent Per Square Feet
$59.39

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.

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

Restaurant

Church's Chicken

Listing Price: $1,530,500

Cap Rate
5.65%
Tenant Name
Church's Chicken
Years Remaining On Lease
9.9
Guarantor
Franchisee Guarantee
Rentable SF
1,456
Lease Type
Absolute Net
Rent Per Square Feet
$59.39

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

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