Fast Stop | Baton Rouge, LA (Nicholson Dr)
Sands Investment Group is Pleased to Present for Sale the Fast Stop Absolute NNN Asset Located at 2677 Nicholson Drive in Baton Rouge, LA. The Tenant Has Signed a 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and Strong Rental Increases, Providing For a Secured Investment.
- Under Construction Fast Stop Convenience Store
- 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- 2% Annual Rent Increases Offers A Strong Hedge Against Inflation
- STRONG TENANT PROFILE – Fast Stop Management Is A 20+ Unit C-Store Company That Had Gross Sales of +/-$70 million for 2022
- The Lease is Corporately Guaranteed By Fast Stop Management and Personally Guaranteed By The CEO
- Fast Stop Management’s Portfolio Is Performing At A Healthy 3.06X Rent Coverage Ratio
- Strategically Located Less Than 1-Mile From Louisiana State University (LSU) And Less Than 3-Miles From Downtown Baton Rouge. This Location Has A Population Of Over 149,000 Residents Living With-In A 5-Mile Radius
- Louisiana State University (LSU) – Located In Baton Rouge – Is The Flagship School Of The State Of Louisiana & Currently Enrolls Over 37,354 Undergraduate Students and Over 4,500 Graduate Students
- This Site Has Strong Traffic Counts With Over 18,693 VPD.
- C-Store Investments Offer Increased Depreciation Expenses (Consult Your CPA)
In Cooperation With Sands Investment Group Louisiana, LLC – Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman – Lic. LA #BROK.0995700567-ACT
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