Shreveport, LA - Long John Silver's

Description:

• Long John Silver’s has operated at this location for 10+ years and has 1+ years of remaining lease term
• The tenant recently exercised their first option period and has 4 (3-year) options remaining
• The lease features rental increases at the beginning of each option period to extend (see rent roll above)
• Founded in 1969, Long John Silver’s has grown into the nation’s largest quick-service seafood chain with over 600+ restaurants nationwide

• Long John Silver’s is located on Jewella Avenue (15,400 VPD) and directly off Inner Loop Expressway (53,900 VPD), allowing for quick on/off ramp access
• Equipped with a drive-thru lane, providing ease and convenience for customers
• Drive-thru store typically generate higher sales volume while maximizing efficiency and productivity
• Positioned 1 mile from U.S. Highway 171 (37,700 VPD), one of Shreveport’s most popular retail thoroughfares
• Surrounding tenants include Lowe’s, Walmart Supercenter, Chick-fil-A, Dollar Tree, and more
• The asset is in the heart of a residential corridor and 4.5 miles from Shreveport