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NNN Restaurant Lease
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801 Frogmore Dr, Baton Rouge, LA 70820

15-year absolute NNN lease to Chipotle with scheduled 10% rent increases every five years, plus option periods.

Property Size3,000 SF
Price / SF$1,275
Days on Market137

Property Features for 801 Frogmore Dr

General Information

Standard status Active
Size 3,000 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $197,000

Building Details

Year Built 2025
Tenancy Single
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Michael Yuras · License #CA 01823291
Source: Crexi
Added: Apr 24 Changed: Aug 28 Last Checked: Sep 7 at 10:09AM

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 Cushman & Wakefield - Sacramento, California

Investment Insights

Based on property information with market context.

This NNN restaurant property is offered with a new 15-year absolute NNN lease to Chipotle, a Mexican restaurant chain with over 4,000 stores worldwide. The lease structure provides for 10% rental increases every five years during the initial term and through four additional option periods of five years each.

Under the absolute NNN structure, the tenant is responsible for taxes, insurance, and maintenance, including roof, structure, and the parking lot.

The property is presented as a conventional, income-oriented NNN investment with long-term lease duration and contractual rent step-ups tied to the lease term and extension periods.

Key Highlights

  • New 15‑year absolute NNN lease to Chipotle
  • Scheduled 10% rental increases every five (5) years during the initial term
  • Four (4) option periods of five (5) years each

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Garden Center Hair Salon Cafe & Coffee Shop Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 70820, LA

23,470
Population
11,589
Households
2
Avg Household Size
26
Median Age
54%
College-Educated
94%
High-School Grad
20.6 sq mi
ZIP Area
1,139
Density / Sq Mi
$47,556
Median Household Income
$23,397
Median Earnings
$1,057
Median Rent
$293,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - 15-year absolute NNN lease to Chipotle with scheduled 10% rent increases every five years, plus option periods.
Where is this nnn property located?
The property is located at 801 Frogmore Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $3,826,000.
What are key features of this property?
This property features: New 15‑year absolute NNN lease to Chipotle; Scheduled 10% rental increases every five (5) years during the initial term; Four (4) option periods of five (5) years each
(916) 288-4800 Call to check price and availability
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