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AutoZone • Baton Rouge, LA
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Corporate Guaranty with BBB-rated AutoZone, Inc.!
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Adjacent to 2 million sf Perkins Rowe Lifestyle Center!
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Low rent to replace!
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Strong retail corridor!
Location:
9635 Perkins Road
Baton Rouge, LA 70810
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Investment Highlights: |
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Price: |
$977,800 |
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Cap Rate: |
6.75% |
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Annual Rent: |
$66,000 |
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Rent psf: |
$9.73 sf |
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Rent Increases: |
3% every 5 years |
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GLA: |
6,786 sf |
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Land Area: |
.89 acres |
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Lease Commencement: |
5/1/2008 |
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Lease Expiration: |
5/31/2028 |
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Lease Type: |
NNN Ground Lease |
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Landlord Responsibilities: |
None |
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Options: |
Four 5-Year with 10% increases in each |
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Lease Guaranty: |
AutoZone, Inc. |
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Store Built: |
2008 |
Store Photo:
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