Absolute NNN Grocery Store (N Foster Dr) | Baton Rouge, LA
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Investment Offering

Tenant: Absolute NNN Grocery Store (N Foster Dr) | Baton Rouge, LA
Premises: 4,545 SF
Renewal Options: 4 x 5 Year Options

Lease Expiration: 04/18/2036
Lease Type: Absolute NNN
Rental Increases: 2% Annually

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,545 SF Absolute NNN Grocery Store Asset Located at 2023 North Foster Drive in Baton Rouge, LA. This Deal Has 12 Years Term Remaining on an Absolute Triple Net Lease With Zero Landlord Responsibilities and a Strong Personal Guarantee From the CEO of IMTAA, Providing For a Secured Investment.

  • Lease Structure: 12 Years Term Remaining on an Absolute Triple Net Lease With Zero Landlord Responsibility
  • Strong Guarantee: Strong Personal Guarantee From the CEO of IMTAA: a Successful Grocery Store and Convenience Store Operator
  • High Yield Opportunity: Opportunity to Take Advantage of a High Yield Opportunity in a Higher Interest Rate Environment
  • Rental Increases: Strong Hedge Against Inflation With 2% Annual Rent Increases
  • Strong Demographics: Each Grocery Store is Strategically Located in Dense Residential Areas of Baton Rouge Which is Home to Over 223,000 Residents
  • Growing Market: Baton Rouge, The Capital of Louisiana, is Home to Louisiana State University Which Enrolls Over 37,000 Students Each Year
  • Location: Nearby National Tenants Include: McDonald’s, Advance Auto Parts, Subway, Dollar General, IHOP, Krispy Kreme, Lowe’s Home Improvement, The Home Depot, Academy Sports + Outdoors, Popeyes Louisiana Kitchen, Papa Johns Pizza and More

In Cooperation With Sands Investment Group Louisiana, LLC – Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman – Lic. LA #BROK.0995700567-ACT

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