Close of Escrow: Dunkin’ Donuts in Chalmette, LA

Close of Escrow: Dunkin’ Donuts in Chalmette, LA

SIG is pleased to announce the recent Close of Escrow on Dunkin’ Donuts located in Chalmette, Louisiana.

Investment Highlights Include:

  • Rare 15 Year Absolute Triple Net (NNN) Lease
  • Newly Constructed Building with Expected Delivery Date of October 15, 2017
  • Attractive 10% Rent Increases Every 5 Years
  • Strong 52 Unit Operator and Continuing to Grow with 15 Additional Locations on the Way
  • Prime Retail Location with Over 26,100 Vehicles Per Day Along W. Judge Perez Drive and Over 148,000 Vehicles Per Day Along I-10
  • Optimal Demographics with Over 156,000 Residents Within a 5-Mile Radius of the Subject Property
  • Well Located Within a Major Retail Market with Surrounding Tenants that Include: The Home Depot, McDonald’s, Taco Bell, KFC, Popeyes, IHOP, Firestone, The Chalmette Cinema Shopping Center and Fair Grounds OTB & Casino

Closing Price: $1,950,000
Closing CAP:  5.31%

Listing Agents: Ashley Saye, Chris Naylon and Kaveh Ebrahimi

For More Information Contact:

Ashley Saye
Lic #01955010

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