Absolute NNN Retail Entertainment
1725 Metro Dr Alexandria, LA 71301
1725 Metro Dr, Alexandria, LA, 71301
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For Sale
Contact for pricing
Absolute NNN with zero landlord responsibilities and a corporately guaranteed Chuck E. Cheese ground lease.
Days on Market102
Property Features for 1725 Metro Dr
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
National Retail Properties
Listed by
Justin Leith · License #SL3295585
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 2:39AM Checked: Jul 21 at 5:26AM
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 National Retail Properties
Investment Insights
Based on property information with market context.
National Retail Properties presents for sale a Chuck E. Cheese in Alexandria, Louisiana, offered as an absolute NNN property with zero landlord responsibilities. The lease is corporately guaranteed by CEC Entertainment, LLC.
The original 20-year lease commenced in 2014, with approximately 12 years remaining. Rent growth is structured through annual increases equal to the lesser of 1.3x CPI or 2.00% annually, including options.
This offering provides a long-term, single-tenant retail entertainment lease structure designed to shift responsibility away from the landlord under the absolute NNN framework described in the remarks.
The original 20-year lease commenced in 2014, with approximately 12 years remaining. Rent growth is structured through annual increases equal to the lesser of 1.3x CPI or 2.00% annually, including options.
This offering provides a long-term, single-tenant retail entertainment lease structure designed to shift responsibility away from the landlord under the absolute NNN framework described in the remarks.
Key Highlights
- Absolute NNN Chuck E. Cheese with zero landlord responsibilities
- Corporately guaranteed ground lease by CEC Entertainment, LLC
- Original 20‑year lease commenced in 2014; approximately 12 years remain
Property Analytics
Location Intelligence
Current Use by Public Records
Chuck E. Cheese
Restaurant
Buddy V's Cake ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Absolute NNN with zero landlord responsibilities and a corporately guaranteed Chuck E. Cheese ground lease.
Where is this nnn property located?
The property is located at 1725 Metro Dr Alexandria, LA.
What are key features of this property?
This property features: Absolute NNN Chuck E. Cheese with zero landlord responsibilities; Corporately guaranteed ground lease by CEC Entertainment, LLC; Original 20‑year lease commenced in 2014; approximately 12 years remain