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Starbucks 8420 W Judge Perez Dr

2,225 SF Retail Building Chalmette, LA 70043 £1,857,309 (£835/SF) 5.60% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Rare 15-Year Starbucks Lease & Self-Cam Clause | New Construction
  • Low Rent Factor | Rent is 22% Lower Than the Average New Construction Starbucks
  • Infill Location | Close Proximity to Downtown NOLA | 54,851 Residents Within 3 Miles
  • Highly Trafficked Commercial Corridor | Exposure to 34,152 Vehicles Per Day
  • Limited National Coffee User Competition | 20+ Minutes to Next Closest Starbucks
  • 3M+ SF of Industrial, Office, and Flex Space Within 3 Miles | Multiple Oil Refineries, Port Facilities, Manufacturers

EXECUTIVE SUMMARY

Cooperating Broker
Brian Brockman – Broker
License #: BROK.0995684990-ASA
Bang Realty, Inc
bor@bangrealty.com
513-898-1551

ATTACHMENTS

Starbucks Chalmette LA Marketing Package

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,225 SF
Building Class
B
Year Built
2024
Price
£1,857,309
Price Per SF
£835
Net Initial Yield
5.60%
NOI
£104,009
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.77 AC
Frontage
52 ft on West Judge Perez Drive
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8420 W Judge Perez Dr, Chalmette, LA - AERIAL map view - Image1
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NEARBY MAJOR RETAILERS

Milestones
Rent-A-Center
7 Brew Coffee
Capital One
New Orleans Orignal Daiquiris
Planet Fitness
Chase Bank
Woodforest National Bank
Winn-Dixie

PROPERTY TAXES

Parcel Number 35050001GG4C Improvements Assessment £40,830
Land Assessment £24,961 Total Assessment £65,791

PROPERTY TAXES

Parcel Number
35050001GG4C
Land Assessment
£24,961
Improvements Assessment
£40,830
Total Assessment
£65,791
(305) 707-0969

CONTACT

  • Listing ID: 33936646

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 8420 W Judge Perez Dr, Chalmette, LA 70043

The St Bernard Parish Retail Property at 8420 W Judge Perez Dr, Chalmette, LA 70043 is currently available. Contact Acropolis Commercial Advisors for more information.

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Starbucks | 8420 W Judge Perez Dr
(305) 707-0969 x

Starbucks | 8420 W Judge Perez Dr

Eric Wasserman

(305) 707-0969

(305) 707-0969

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