Triple-Net QSR Restaurant
2203 N Parkerson Ave Crowley, LA 70526
2203 N Parkerson Ave, Crowley, LA, 70526
$625,000
For Sale
$625,000
Built in 2018 and leased under an absolute triple-net structure with approximately 3.5 years remaining.
Days on Market19
Property Features for 2203 N Parkerson Ave
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2018
Listing agency
(818) 357-5686
Listed by
Maxon Lavallee · License #02319433 (CA)
(818) 357-5686
Source
Matthews
Added: Jul 3 Updated: Jul 20 at 6:51PM Checked: Jul 21 at 3:00AM
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 Maxon Lavallee
Investment Insights
Based on property information with market context.
This newly constructed QSR restaurant building was delivered in 2018 and is currently encumbered by an absolute triple-net lease, with approximately 3.5 years remaining. Under the absolute NNN structure, the tenant is responsible for taxes, insurance, and maintenance.
The property is leased to KBP Foods, which subleases the site to R & R Pizza of Lafayette Inc. The building is positioned on N Parkerson Avenue and is described as benefiting from strong visibility on a major arterial corridor with traffic volumes of approximately 18,000 vehicles per day. The location is noted as being near Walmart, North Crowley Elementary, and Notre Dame High School.
For purchasers evaluating NNN risk, the property’s 2018 construction is intended to help reduce near-term capital expenditure needs. It is located in Crowley, Louisiana, positioned along I-10 between Lafayette and Lake Charles.
The property is leased to KBP Foods, which subleases the site to R & R Pizza of Lafayette Inc. The building is positioned on N Parkerson Avenue and is described as benefiting from strong visibility on a major arterial corridor with traffic volumes of approximately 18,000 vehicles per day. The location is noted as being near Walmart, North Crowley Elementary, and Notre Dame High School.
For purchasers evaluating NNN risk, the property’s 2018 construction is intended to help reduce near-term capital expenditure needs. It is located in Crowley, Louisiana, positioned along I-10 between Lafayette and Lake Charles.
Key Highlights
- Built in 2018 and delivered in 2018 for a newer construction asset.
- Absolute triple‑net lease structure with approximately 3.5 years remaining; tenant responsible for taxes, insurance, and maintenance.
- Leased to KBP Foods, which operates 1,100+ units across KFC, Taco Bell, Arby’s, and Sonic; KBP Foods subleases to R & R Pizza of Lafayette Inc.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Built in 2018 and leased under an absolute triple-net structure with approximately 3.5 years remaining.
Where is this nnn property located?
The property is located at 2203 N Parkerson Ave Crowley, LA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Built in 2018 and delivered in 2018 for a newer construction asset.; Absolute triple‑net lease structure with approximately 3.5 years remaining; tenant responsible for taxes, insurance, and maintenance.; Leased to KBP Foods, which operates 1,100+ units across KFC, Taco Bell, Arby’s, and Sonic; KBP Foods subleases to R & R Pizza of Lafayette Inc.
