Absolute NNN Pizza
1001 Highway 1 South Donaldsonville, LA 28379
1001 Highway 1 South, Donaldsonville, LA, 28379
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For Sale
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Single-tenant 2,310 sf Pizza Hut on 1-acre parcel, built 1990, renovated 2013, with roof-and-structure landlord responsibility.
Property Size2,310 SF
Lot Size1.00 Acre
Price / SF$371.06
Days on Market86
Property Features for 1001 Highway 1 South
General Information
- Standard status
- Active
- Size
- 2,310 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing agency
Marcus & Millichap - Baton Rouge
Listed by
chris shaheen · License #LA 0995692662
Source
Crexi
Added: Apr 28 Updated: Jul 21 at 12:23AM Checked: Jul 21 at 10:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Baton Rouge
Investment Insights
Based on property information with market context.
This offering is for a stabilized, single-tenant Pizza Hut operating under a new Absolute Triple Net (NNN) lease structure. The property includes a 2,310-square-foot building on a 1.00-acre parcel. Constructed in 1990 and renovated in 2013, the ownership is currently completing capital improvements, including parking lot renovations, with expected completion this quarter.
The asset is located at 1001 Highway 1 South in Donaldsonville, Louisiana. The lease is designed as a passive sale-leaseback, with a new 15-year Absolute Triple Net (NNN) lease to commence at closing. Tenant responsibilities include taxes, insurance, maintenance, and operating expenses, while landlord obligations are limited to the roof and structure.
The tenant has more than nine years of established operating history at this location and also operates 15 additional locations. The lease includes a franchisee guarantee, two five-year renewal options, and 2% annual increases.
The asset is located at 1001 Highway 1 South in Donaldsonville, Louisiana. The lease is designed as a passive sale-leaseback, with a new 15-year Absolute Triple Net (NNN) lease to commence at closing. Tenant responsibilities include taxes, insurance, maintenance, and operating expenses, while landlord obligations are limited to the roof and structure.
The tenant has more than nine years of established operating history at this location and also operates 15 additional locations. The lease includes a franchisee guarantee, two five-year renewal options, and 2% annual increases.
Key Highlights
- 2,310‑sq‑ft Pizza Hut building on a 1.00‑acre parcel at 1001 Highway 1 South in Donaldsonville, LA
- Built in 1990 and renovated in 2013
- Single‑tenant absolute NNN lease with tenant responsibility for taxes, insurance, maintenance, and operating expenses; landlord covers roof and structure
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.4k | $17.04 |
| − Vacancy | −$2.7k | −$1.16 |
| EGI | $36.7k | $15.88 |
| − OpEx | −$9.2k | −$3.97 |
| NOI | $27.5k | $11.91 |
2,310 SF · lease $17.04/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$393.1K
$343.9K – $458.6K
NOI $27,514 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.9K
$443.5K – $591.4K
NOI $35,482 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Single-tenant 2,310 sf Pizza Hut on 1-acre parcel, built 1990, renovated 2013, with roof-and-structure landlord responsibility.
Where is this conventional restaurant located?
The property is located at 1001 Highway 1 South Donaldsonville, LA.
What is the asking price?
The asking price for this property is $857,143.
What are key features of this property?
This property features: 2,310‑sq‑ft Pizza Hut building on a 1.00‑acre parcel at 1001 Highway 1 South in Donaldsonville, LA; Built in 1990 and renovated in 2013; Single‑tenant absolute NNN lease with tenant responsibility for taxes, insurance, maintenance, and operating expenses; landlord covers roof and structure
