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Papa John’s in Baton Rouge, LA | Absolute-Net Lease

13365 Coursey Blvd, Baton Rouge, LA 70816, USA
$1,010,673

Description

Marcus & Millichap is pleased to offer this Papa John’s property with an absolute-net lease with zero landlord responsibilities.
Papa John’s Pizza is an American restaurant company. It runs the third largest take-out and pizza delivery restaurant chain in the world, with headquarters in Jeffersontown, Kentucky, a suburb of Louisville.
Its slogan is “Better Ingredients. Better Pizza. Papa John’s.” Internationally, there are over 4,600 Papa John’s establishments, including over 3,200 in the U.S. and the remainder spread among 34 other countries. In September 2012, Papa John’s Pizza opened its 4,000th restaurant, in New Hyde Park, New York.

  • Two Bay Center – Low Management and Diverse
  • Approximately $89,000 Average HH in 1 Mile
  • Experienced Papa Johns Franchisee
  • Ample Parking
  • Pylon Sign
  • Healthy Population Increase of 14%
  • Net Leased Asset

Property Documents

  • City: Baton Rouge
  • State/county: Louisiana
  • Zip/Postal Code: 70816
  • Country: United States

Detail

  • Price: $1,010,673

Additional details

  • CAP Rate: 6.25%
  • NOI: $63,165

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