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3915 Pontchartrain Drive
Slidell, LA 70458
Asking Price
$1.80M
Cap Rate
5.89%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
NNN Wendy's w/10% Bumps <ul><li>Prime 2,837 SF free-standing building</li><li>Strategic location in bustling Slidell area</li><li>Modern amenities and versatile layout</li><li>Ample parking for customer convenience</li><li>Strong potential for high foot traffic</li><li>Average population of 39,000+ within a 3-mile radius with positive growth</li><li>Average household income of $77,000+ within a 3-mile radius</li><li>Average vehicles per day of 14,000+ on Pontchartrain Drive, US 11</li></ul>
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015
