Fast Stop | Baton Rouge, LA
Sands Investment Group is Pleased to Present for Sale the 1,890 SF Fast Stop Absolute Triple Net Asset Located at 7144 Greenwell Springs Rd in Baton Rouge, LA. This Deal Includes a 20 Year Absolute Triple Net Lease, Placing All Responsibility on the Tenant (Zero Landlord Responsibility) and Providing the Landlord With a Steady and Dependable Income, Providing For a Secured Investment.
- ABSOLUTE TRIPLE NET LEASE STRUCTURE: This Deal Features a 20 Year Absolute Triple Net Lease, Placing All Responsibility on the Tenant (Zero Landlord Responsibility) and Providing the Landlord With a Steady and Dependable Income
- RENTAL INCREASES: The Lease Incorporates 2.00% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value and Hedge Against Inflation
- TENANT STABILITY: Fast Stop, a Reputable Tenant With a Robust Portfolio, is Growing at a Sustainable Pace While Upholding Their Reputation of Clean, Well Stocked and High Performing Businesses in Many Communities
- RENT COVERAGE RATIO: Fast Stop’s Impressive Portfolio Contributes to an Outstanding Rent Coverage Ratio, Indicating a Strong Desire to Grow While Providing Comfort to Their Customer Base and Investors Alike
- GUARANTEE: The Lease is Guaranteed Corporately By Fast Stop Management and Personally By Fast Stop CEO
- LOCATION: Strategically Located in a Densely Populated Area (177,000+ 5-Mile Radious) on Greenwell Springs Road (20,000+ VPD), A Major Thoroughfare From US- 190 (47,000+ VPD) to Downtown Baton Rouge, Louisiana
- NATIONAL RETAILERS: Surrounded By Several National Retailers Such as: Lowe’s Home Improvement, the Home Depot, Walmart Supercenter, Academy Sports + Outdoors, PetSmart, Family Dollar, McDonalds and More
- TAX INCENTIVES: C-Store Investments Offer Increased Depreciation Expenses Providing For a Major Tax Incentive Bonus (Consult Your CPA)
- DUE DILIGENCE: Upon Execution of the Purchase & Sale Agreement, the Seller Will Provide a Full Due Diligence Folder at No Cost to the Purchaser
In Cooperation With Sands Investment Group Louisiana, LLC – Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman – Lic. LA #BROK.0995700567-ACT
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