PJ's Coffee | Top 10 Location Systemwide | 12413 US-90
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PJ's Coffee | Top 10 Location Systemwide 12413 US-90
1,216 SF Retail Building Luling, LA 70070 $2,716,725 CAD ($2,234 CAD/SF) 6.35% Cap Rate
Investment Highlights
- Top 10 Location (181 Units Systemwide) | $10+ Avg Ticket Size | Sales 55%+ Higher Than Systemwide AUV | Excellent EBITDA Margins
- Full-Service Location | Drive-Thru & In-Store Ordering | Indoor & Outdoor Patio Seating
- Affluent Area | $103,000+ Avg HH Income - Approx. 45%+ Higher Than Statewide Avg
- 15-Year Absolute NNN Lease Commencing at COE | Largest Franchisee in PJ's System | Home Court Advantage with Brand Loyalty
- 39,000+ VPD | On the "Going-to-Work" Side | 20 Min to New Orleans
- Across from Luling's #2 Largest Employer | Proximity to Established National Retailers & Key Traffic Drivers
Executive Summary
Cooperating Broker
Brian Brockman - Broker
License #: BROK.0995684990-ASA
Bang Realty, Inc
bor@bangrealty.com | 513-898-1551
Brian Brockman - Broker
License #: BROK.0995684990-ASA
Bang Realty, Inc
bor@bangrealty.com | 513-898-1551
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,216 SF
Year Built
2022
Price
$2,716,725 CAD
Price Per SF
$2,234 CAD
Cap Rate
6.35%
NOI
$172,512 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.36 AC
Nearby Major Retailers
1 of 6
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PJ's Coffee | Top 10 Location Systemwide | 12413 US-90
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