Restaurant

Super 1 Foods NNN Lease

204 Northwest Blvd, Franklin, LA 70538

Listing Price: $2,691,150

Cap Rate
8.00%
Tenant Name
Super 1 Foods
Years Remaining On Lease
6.70
Gross SF
46,600
Guarantor
Corporate Guarantee
Rentable SF
46,600
Price/Gross SF
$57.75
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$4.62

Investment Overview

Marcus & Millichap is pleased to present for sale a Super 1
Foods Single Tenant Grocer in Franklin, Louisiana. Super 1
Foods, a Regional Grocer with 30 Locations, occupies 46,600
Square Foot Building on a large 4.28 Acre Site. This Super 1
Foods is situated in the Center of Town with nearby retailers
including WalMart, Walgreens, Popeyes, OReilly and Capital
One Bank.
Franklin, Louisiana, named for Benjamin Franklin, was
founded in 1808 by French-born pioneer Joseph Carlin and
his family. It became the parish seat in 1811 and the town
was incorporated in 1820. There are numerous traffic drivers
to this Grocery Store including Franklin Foundation Hospital,
numerous home and apartment communities, and Hansen
Memorial High School.
Super 1 Foods is a Regional Grocery Chain under the umbrella
of Brookshire Grocery Company which operates more than
180 Grocery Stores including Brookshires, Super1 Foods,
Spring Market and FRESH by Brookshires.

Investment Highlights

  • Absolute NNN Lease (No Landlord Responsibility)
  • Large 46,600 Square Building on a 4.28 Acre Parcel of Land
  • Early Lease Extension Showing Strong Commitment to the Site
  • +/- 7 Years Remain on the Base Term of the Lease with multiple Five Year Extensions
  • Super 1 Foods is an Essential Retailer Paying Rent

Exclusively Listed By

Listing Price: $2,691,150

Cap Rate
8.00%
Tenant Name
Super 1 Foods
Years Remaining On Lease
6.70
Gross SF
46,600
Guarantor
Corporate Guarantee
Rentable SF
46,600
Price/Gross SF
$57.75
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$4.62

Investment Highlights

  • Absolute NNN Lease (No Landlord Responsibility)
  • Large 46,600 Square Building on a 4.28 Acre Parcel of Land
  • Early Lease Extension Showing Strong Commitment to the Site
  • +/- 7 Years Remain on the Base Term of the Lease with multiple Five Year Extensions
  • Super 1 Foods is an Essential Retailer Paying Rent

Investment Overview

Marcus & Millichap is pleased to present for sale a Super 1
Foods Single Tenant Grocer in Franklin, Louisiana. Super 1
Foods, a Regional Grocer with 30 Locations, occupies 46,600
Square Foot Building on a large 4.28 Acre Site. This Super 1
Foods is situated in the Center of Town with nearby retailers
including WalMart, Walgreens, Popeyes, OReilly and Capital
One Bank.
Franklin, Louisiana, named for Benjamin Franklin, was
founded in 1808 by French-born pioneer Joseph Carlin and
his family. It became the parish seat in 1811 and the town
was incorporated in 1820. There are numerous traffic drivers
to this Grocery Store including Franklin Foundation Hospital,
numerous home and apartment communities, and Hansen
Memorial High School.
Super 1 Foods is a Regional Grocery Chain under the umbrella
of Brookshire Grocery Company which operates more than
180 Grocery Stores including Brookshires, Super1 Foods,
Spring Market and FRESH by Brookshires.

Exclusively Listed By

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