Denham Springs, LA - McDonald's
$2,338,000
27360 Crossing Circle, Denham Springs, LA 70726
3.85
Cap Rate
90,000
NOI
Details:
Description:
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN-leased McDonald’s investment property located in Denham Springs, Louisiana. The tenant, McDonald’s, has 19 years of initial term remaining with 8 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.
The McDonald’s is strategically located within Juban Crossing, a $350 million, 471-acre mixed-use development at Interstate 12 and Juban Road in Livingston Parish. Encompassing more than 1.2 million square feet, Juban Crossing is a major regional shopping, dining and entertainment destination featuring Belk, Academy Sports + Outdoors, T.J. Maxx, Ross Dress for Less, Rouses Markets, Barnes & Noble, PetSmart, Old Navy, Ulta Beauty and Five Below. The master-planned development integrates retail, dining, entertainment and residential uses, with plans for additional commercial, residential and hospitality development. The property benefits from immediate access to Juban Road (18,700 VPD) and proximity to Interstate 12 (110,900 VPD), providing excellent regional connectivity. The surrounding area includes more than 500 multifamily units near Juban Crossing. The 5-mile trade area features more than 71,800 residents and 19,500 employees with an average household income of approximately $97,200.
Location
Gallery