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31669 LA HWY 16
Denham Springs, LA 70726

$1,399,000 USD

Freestanding For Sale  •  1,760 SF

Property Details

• Property Type Freestanding
• Total Building Size 1,760 SF
• Building Class B
• Year Built 2007
• Cap Rate 5.85 %
• Tenancy Single

0 Transit Score

35 Walk Score

Highlights

The tenant is Starbucks Corporation (S&P: BBB+ | NASDAQ: SBUX), an investment-grade tenant and one of the largest QSR operators in the world.

Starbucks has previously extended their lease terms early to remain in place for 10 years, rather than the scheduled 5 years at the time.

Denham Springs is located just outside of Baton Rouge, Louisiana’s second largest city and home to more than 220,000 residents

The site is located within a dense retail corridor, featuring national tenants

Cap Rate:

5.85 %

Amenities

• Dedicated Turn Lane
• Pylon Sign
• Signage
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Baton Rouge Metro Ryan Field	23 min	-	13.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes