19151 Florida Blvd Local commercial 187 m² À vendre Albany, LA 70711 683 477 € (3 661,97 €/m²) Taux de capitalisation 6,58 %

This income-producing investment property features a 12-year primary term lease with a nationally recognized tenant. The 2,008-sf modern building was built in 2020 and features a drive thru as well as ample parking on the 0.883-acre parcel. It is located at 19151 Florida Blvd, a high traffic corridor with excellent visibility.
The building features a drive thru window, which is a relatively new concept for Pizza Hut. The drive thru is meant to be more efficient and convenient for customers in the area.
The tenant is JJB Pizza, LLC, a franchisee of Pizza Hut, an established brand with a long history of success. The long-term NNN lease commenced in November 2020 with an attractive rent schedule. A NNN structure results in minimal landlord responsibilities. This property qualifies for a 1031 Exchange.