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Restaurant

Fiery Crab

2572 Citiplace Ct, Baton Rouge, LA 70808

Listing Price: $1,866,000

Cap Rate
7.50%
Tenant Name
Fiery Crab
Years Remaining On Lease
10.3
Gross SF
7,327
Guarantor
Personal Guarantee
Rentable SF
7,327
Price/Gross SF
$254.67
Lease Type
Absolute Net
Rent Per Square Feet
$19.11

Investment Overview

The subject property is an absolute NNN leased Fiery Crab, with 11 years remaining. The property benefits from its visibility along Interstate 10 and being surrounded by highly rated hotels, one of them being the newly completed Tru by Hilton hotel. Fiery crab sits amongst multiple national tenants and is only 4 miles from Louisiana State University.

Investment Highlights

  • 12-year Absolute NNN Lease
  • Personal Guarantee by Hui Yang
  • 4 miles from Louisiana State University and 5.5 miles from downtown Baton Rouge

Exclusively Listed By

Listing Price: $1,866,000

Cap Rate
7.50%
Tenant Name
Fiery Crab
Years Remaining On Lease
10.3
Gross SF
7,327
Guarantor
Personal Guarantee
Rentable SF
7,327
Price/Gross SF
$254.67
Lease Type
Absolute Net
Rent Per Square Feet
$19.11

Investment Highlights

  • 12-year Absolute NNN Lease
  • Personal Guarantee by Hui Yang
  • 4 miles from Louisiana State University and 5.5 miles from downtown Baton Rouge

Investment Overview

The subject property is an absolute NNN leased Fiery Crab, with 11 years remaining. The property benefits from its visibility along Interstate 10 and being surrounded by highly rated hotels, one of them being the newly completed Tru by Hilton hotel. Fiery crab sits amongst multiple national tenants and is only 4 miles from Louisiana State University.

Exclusively Listed By

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