Investment Highlights
Over 4 Years Remaining | Corporate Guaranteed | Options To Extend | Well-Known & Established Brand
Mall of Louisiana (1,559,000 SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Near Signalized, Hard Corner Intersection | I10 (122,000+ VPD) | Excellent Visibility & Access
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Burger King investment property located in Baton Rouge, Louisiana. The tenant, GPS Hospitality, has over 4 years remaining on their current lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases that started in year 6 of the initial term and throughout the option periods, steadily growing NOI and hedging against inflation. The lease is an Absolute NNN lease with zero landlord responsibilities making it an ideal investment opportunity for a passive investor.