801 Frogmore Dr Baton Rouge, LA 70820

Building Details

Year Built

2025

Listing agency Cushman & Wakefield - Sacramento, California s***@cushwake.com

Listed by Michael Yuras · License #CA 01823291

Source Crexi

Added: Apr 20 Updated: Jul 22 at 10:26PM Checked: Jul 22 at 10:26PM

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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

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FAQs

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