For Sale
$1,509,167

19026 Crowley Eunice HwyCrowley, LA 70526

Louisiana Dairy Queen, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents the fee simple interest in a Dairy Queen located at 19026 Crowley Eunice Hwy, Crowley, LA 70526. The property boasts a 3,097 square foot building constructed in 2017 on a 0.918-acre lot. This absolute net lease (NNN) offers a passive investment with zero landlord responsibilities. The current tenant, a franchisee, holds an 18-year lease commencing February 1, 2023, and expiring January 31, 2041, with four 5-year options. Rent increases are built in, with a 10% bump every five years during the primary term and 7.5% in option periods. The property enjoys a 6.00% cap rate and a strong NOI of $90,550. Conveniently situated off Highway 13 and the Interstate 10 Service Road, this Dairy Queen benefits from high visibility and accessibility for travelers. The property's 100% occupancy and long-term lease provide exceptional stability and a compelling return on investment. This is a rare opportunity to acquire a well-performing, passively managed asset in a desirable location. The asking price is $1,509,167, translating to $487.30 per square foot.

Highlights

  • 17+ year remaining lease term on a Dairy Queen property.
  • Lease includes multiple 5-year renewal options with built-in rent increases.
  • Absolute triple-net (NNN) lease; zero landlord responsibilities.
  • High-visibility location off Interstate 10.

Property Details for 19026 Crowley Eunice Hwy

Property type
Retail properties
Square Feet
3,097 SF
Year Built
2017
Buildings
1
Stories
1
Lot Size (sq. ft)
39,988 SF
Units
1

Location Insight

City
Crowley
County
Acadia Parish
State
Louisiana
Latitude
30.236767635332
Longitude
-92.38596932374
19026 Crowley Eunice Hwy, Crowley, Louisiana

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19026 Crowley Eunice Hwy
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