Restaurant
Fuego Tortilla Grill New Construction | Baton Rouge, LA
805 W Lee Dr, Baton Rouge, LA 70820
Listing Price: $4,200,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the new construction located at 805 West Lee Drive in Baton Rouge, Louisiana. The property will operate under an absolute NNN lease with zero landlord responsibilities, offering investors truly passive income. The 20-year sale-leaseback provides a reliable income stream with 10 percent rent increases every five years, ensuring built-in growth and inflation protection. Additionally, there are four further five-year renewal options, each with the same rent escalations, enhancing the long-term stability of this investment.
The property is located in the heart of a high-growth retail and residential corridor just minutes from Louisiana State University (LSU), the state’s flagship institution with more than 42,000 students, the largest in Louisiana. The immediate trade area is particularly strong. Within one mile, there are over 1,500 student housing units, and the property is less than 10 minutes from LSU’s main campus. Beyond the student population, the surrounding neighborhood has experienced steady growth. The three-mile trade area includes nearly 62,000 residents with an average household income of $88,000, while the five-mile area encompasses nearly 134,000 residents with average incomes above $90,000. The West Lee Drive corridor continues to expand with national brands actively developing sites, including Panda Express, 7 Brew Coffee, Starbucks, and Dunkin’. The location also benefits from adjacency to Arlington Marketplace Shopping Center, a regional destination anchored by a mix of national retailers and service providers.
Fuego Tortilla Grill New Construction | Baton Rouge, LA
Investment Highlights
- Absolute NNN Lease | Zero Landlord Responsibilities
- 20-Year Sale Leaseback with 10 Percent Rent Increases Every Five Years | Four 5-Year Renewal Options with 10 Percent Rent Increases
- Rapidly Expanding Portion of Baton Rouge with a New Panda Express, Starbucks and Dunkin and Others in Development
- Excellent Visibility on West Lee Drive (25,000 VPD), the Main East-West Thoroughfare for Students | Centrally Located Between Burbank Dr. (30,000 VPD) and E Highway 30 (20,600 VPD)
- Over 1,500 Student Housing Units within a Half-Mile Radius and within 5-10 Minutes of Louisiana State University (42,016 Student Enrollment, the Largest in Louisiana)
- Located Adjacent to Arlington Marketplace Shopping Center - Grocery Anchored with over 2.5mm Visitors Annually - Placer.ai
- Five-Mile Daytime Population of 248,00 with an Average Household Income of Over $90,000 | Three-Mile Population of Nearly 62,000 with an Average Household Income of Over $88,000
Exclusively Listed By
Broker of Record
Financing By
Restaurant
Fuego Tortilla Grill New Construction | Baton Rouge, LA
Listing Price: $4,200,000
Investment Highlights
- Absolute NNN Lease | Zero Landlord Responsibilities
- 20-Year Sale Leaseback with 10 Percent Rent Increases Every Five Years | Four 5-Year Renewal Options with 10 Percent Rent Increases
- Rapidly Expanding Portion of Baton Rouge with a New Panda Express, Starbucks and Dunkin and Others in Development
- Excellent Visibility on West Lee Drive (25,000 VPD), the Main East-West Thoroughfare for Students | Centrally Located Between Burbank Dr. (30,000 VPD) and E Highway 30 (20,600 VPD)
- Over 1,500 Student Housing Units within a Half-Mile Radius and within 5-10 Minutes of Louisiana State University (42,016 Student Enrollment, the Largest in Louisiana)
- Located Adjacent to Arlington Marketplace Shopping Center - Grocery Anchored with over 2.5mm Visitors Annually - Placer.ai
- Five-Mile Daytime Population of 248,00 with an Average Household Income of Over $90,000 | Three-Mile Population of Nearly 62,000 with an Average Household Income of Over $88,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the new construction located at 805 West Lee Drive in Baton Rouge, Louisiana. The property will operate under an absolute NNN lease with zero landlord responsibilities, offering investors truly passive income. The 20-year sale-leaseback provides a reliable income stream with 10 percent rent increases every five years, ensuring built-in growth and inflation protection. Additionally, there are four further five-year renewal options, each with the same rent escalations, enhancing the long-term stability of this investment. The property is located in the heart of a high-growth retail and residential corridor just minutes from Louisiana State University (LSU), the state’s flagship institution with more than 42,000 students, the largest in Louisiana. The immediate trade area is particularly strong. Within one mile, there are over 1,500 student housing units, and the property is less than 10 minutes from LSU’s main campus. Beyond the student population, the surrounding neighborhood has experienced steady growth. The three-mile trade area includes nearly 62,000 residents with an average household income of $88,000, while the five-mile area encompasses nearly 134,000 residents with average incomes above $90,000. The West Lee Drive corridor continues to expand with national brands actively developing sites, including Panda Express, 7 Brew Coffee, Starbucks, and Dunkin’. The location also benefits from adjacency to Arlington Marketplace Shopping Center, a regional destination anchored by a mix of national retailers and service providers.
Exclusively Listed By
Broker of Record
Financing By
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