9827 Bluebonnet Blvd Baton Rouge, LA 70810

This is a fee simple interest (land & building ownership) investment property with a NNN leased Burger King located in Baton Rouge, Louisiana. The tenant, GPS Hospitality, has over 4 years remaining on their current lease with 4 (5-year) options to extend. The lease features 2% annual rental increases that started in year 6 of the initial term and continue throughout the option periods. The lease is an Absolute NNN lease with zero landlord responsibilities. The Burger King is located near the signalized, hard corner intersection of Bluebonnet Blvd and State Hwy 42 with a combined 47,000 vehicles per day. The site is equipped with a drive-thru. The asset benefits from close proximity to an immense retail corridor that includes the Mall of Louisiana, a 1,559,000 square foot regional mall anchored by Macy’s, Ulta, Dick’s Sporting Goods, Apple, The Loft, H&M, and Dillard’s. Other nearby national/credit tenants include Walgreens, Starbucks, Autozone, Office Depot, Winn Dixie, and Albertsons. The 5-mile trade area is supported by over 111,000 residents and 119,000 employees. Residents within a 3-mile radius of the subject property boast an average household income of $117,466. The property size is 2,425 square feet.