301 N Enterprise Blvd, Lake Charles, LA 70601
Marcus & Millichap is pleased to present the exclusive listing for 301 N Enterprise Blvd, Lake Charles, LA. This Popeyes is subject to a brand new 25-year triple-net (NNN) lease, which commenced on December 31st, 2020. The base annual rent is$101,773 and will be subject to 1.75% annual rental escalations starting in January 2027, continuing throughout the base term and in each of the two, five-year tenant renewal option periods. The lease will be guaranteed by SRG PLK OpCo, LLC, d/b/a High Noon Restaurant Group, which operates 63 locations throughout Louisiana. The property is roughly 1,454 rentable square feet and is situated on an approximately .40 acre parcel.
License(s): LA: BROK.0995692662-ACT
Louisiana
Marcus & Millichap is pleased to present the exclusive listing for 301 N Enterprise Blvd, Lake Charles, LA. This Popeyes is subject to a brand new 25-year triple-net (NNN) lease, which commenced on December 31st, 2020. The base annual rent is$101,773 and will be subject to 1.75% annual rental escalations starting in January 2027, continuing throughout the base term and in each of the two, five-year tenant renewal option periods. The lease will be guaranteed by SRG PLK OpCo, LLC, d/b/a High Noon Restaurant Group, which operates 63 locations throughout Louisiana. The property is roughly 1,454 rentable square feet and is situated on an approximately .40 acre parcel.
License(s): LA: BROK.0995692662-ACT
Louisiana
