12413 Us-90Luling, LA 70070

This exceptional investment opportunity presents a fee-simple ownership of a thriving PJ's Coffee location, consistently ranking within the top 10 out of 181 company-wide units. Boasting a 15-year absolute NNN lease with 10% rent bumps every five years, this property offers significant long-term stability and growth potential. The 1,216 square foot building, constructed in 2022, sits on a 15,681 square foot lot and features a full-service prototype with both indoor and outdoor seating, along with a drive-thru. The property enjoys a prime location on US Highway 90 in Luling, Louisiana, experiencing high daily traffic volume exceeding 39,320 vehicles. Its proximity to major employers like Bayer CropScience (following a recent $968 million expansion) and the Luling Business Park, coupled with strong demographics (average household incomes exceeding $103,000 within a 3-mile radius), ensures consistent customer traffic. The property benefits from its location near established national retailers such as Walmart and Capital One Bank, further solidifying its position within a thriving retail corridor. The current NOI is $120,000, resulting in a 6.35% cap rate, and the asking price is $1,889,764. The lease includes four, five-year renewal options, providing additional long-term security. This is a rare opportunity to acquire a top-performing asset in a rapidly growing market, just 20 minutes from New Orleans. The property's success is underscored by 2023 sales exceeding the systemwide average by more than 55%, and an average ticket size over $10.00.