6240 Lapalco Blvd Marrero, LA 70072

This exceptional investment opportunity presents a fee-simple ownership of a 1,703 square foot quick-service restaurant in Marrero, Louisiana. Located at 6240 Lapalco Blvd, this property boasts a prime location and is currently 100% occupied by a New Orleans Original Daquiris under a 20-year triple-net (NNN) lease, commencing July 1, 2024, and expiring June 30, 2044. With approximately 19.6 years remaining, this lease offers significant long-term stability and passive income. The current annual net operating income (NOI) is $83,959, representing a 7.00% cap rate based on the asking price of $1,199,414. The lease includes a corporate guarantee, mitigating tenant risk. The property sits on a 0.52-acre lot and was built in 1982. The lease features a flat rent until July 2030, followed by annual increases of 3.00%, providing a hedge against inflation. This is a truly passive investment with zero landlord responsibilities, making it an ideal addition to any portfolio. The price per square foot is $704.29. This is a rare opportunity to acquire a well-established, high-performing restaurant property with a long-term lease and significant upside potential.