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Restaurant

Church's Chicken (Corporate)

1613 Arizona Ave, Monroe, LA 71202

Listing Price: $1,354,000

Cap Rate
6.20%
Tenant Name
Church's Chicken
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
1,828
Lease Type
Absolute Net
Rent Per Square Feet
$45.93

Investment Overview

This Church’s net leased investment offering is located near Interstate 20. Average Daily Traffic on Martin Luther King Jr. Blvd. exceeds 23,000 vehicles, making this a desirable location. This restaurant is across Wossman High School and Minnie Ruffin Elementary School, and adjacent major national brand tenants such as McDonald’s, Wendy’s, and KFC. Other nearby national retailers include Sonic Drive In, Taco Bell, O’Reilly Auto Parts and Burger King. The property is one mile from the Pecanland Mall, home to 81 Stores anchored by DICK’S, JC Penney, Belk, Cinemark Cinema, and Dillard’s. Home Depot, Target, Best Buy, Ross, Kohl’s and other significant national retailers fill out the area. There are 74,900+ residents in the five-mile radius and their average household income exceeds $54,000.

Investment Highlights

  • Corporate Guaranteed Absolute NNN Lease
  • Annual CPI Rent Increases (Three Percent Max is Superior to Market) Starting 2025
  • Recently Five-Year Lease Extension
  • Successful Operating History
  • Martin Luther King Jr. Blvd. has 23,300 Average Daily Traffic
  • Population of 74,900 (Five-Mile Radius)
  • Average Household Income of $54,200 (Five-Mile Radius)

Exclusively Listed By

Restaurant

Church's Chicken (Corporate)

Listing Price: $1,354,000

Cap Rate
6.20%
Tenant Name
Church's Chicken
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
1,828
Lease Type
Absolute Net
Rent Per Square Feet
$45.93

Investment Highlights

  • Corporate Guaranteed Absolute NNN Lease
  • Annual CPI Rent Increases (Three Percent Max is Superior to Market) Starting 2025
  • Recently Five-Year Lease Extension
  • Successful Operating History
  • Martin Luther King Jr. Blvd. has 23,300 Average Daily Traffic
  • Population of 74,900 (Five-Mile Radius)
  • Average Household Income of $54,200 (Five-Mile Radius)

Investment Overview

This Church’s net leased investment offering is located near Interstate 20. Average Daily Traffic on Martin Luther King Jr. Blvd. exceeds 23,000 vehicles, making this a desirable location. This restaurant is across Wossman High School and Minnie Ruffin Elementary School, and adjacent major national brand tenants such as McDonald’s, Wendy’s, and KFC. Other nearby national retailers include Sonic Drive In, Taco Bell, O’Reilly Auto Parts and Burger King. The property is one mile from the Pecanland Mall, home to 81 Stores anchored by DICK’S, JC Penney, Belk, Cinemark Cinema, and Dillard’s. Home Depot, Target, Best Buy, Ross, Kohl’s and other significant national retailers fill out the area. There are 74,900+ residents in the five-mile radius and their average household income exceeds $54,000.

Exclusively Listed By

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