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618 North Alexander Avenue
Port Allen, LA 70767
Asking Price
$595K
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
<p>NNN For Sale - 22 years remaining (base term expires January 2028) </p><p>Located on Hwy 1 on hard corner </p><p>Current rent is $3,400 per month (annual 1.5% increase) </p><p>1,500 SF free standing QSR with drive thru </p><p>Flood Zone X </p><p>Zoned Commercial</p>
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NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176
