19026 Crowley Eunice Hwy, Crowley, LA 70526-0800
- Commercial real estate
- 0.92 lot acres
Current Use by Public Records
- Dairy Queen Grill & Chill / Restaurant / Take-out & Catering
Property Details for 19026 Crowley Eunice Hwy
- Lot size
- 0.92 lot acres
- Property type
- Commercial real estate
- APN
- 610045810
- APU
- 610045810
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 30, 2024 | — | Tng Krin LLC | — | Deed · related | $800k · Great Southern Bank St Louis |
| Jul 1, 2024 | — | Tng Krin LLC | Niki Opportunity Investments L | Cash Sale Deed | — |
| Jul 10, 2017 | $420,000 | Acadia Area Development LLC | Platinum Group Holdings LLC | Deed | — |
Description
This exceptional investment opportunity presents the fee simple interest in a Dairy Queen located at 19026 Crowley Eunice Hwy, Crowley, LA 70526. The property boasts a 3,097 square foot building constructed in 2017 on a 0.918-acre lot. This absolute net lease (NNN) offers a passive investment with zero landlord responsibilities. The current tenant, a franchisee, holds an 18-year lease commencing February 1, 2023, and expiring January 31, 2041, with four 5-year options. Rent increases are built in, with a 10% bump every five years during the primary term and 7.5% in option periods. The property enjoys a 6.00% cap rate and a strong NOI of $90,550. Conveniently situated off Highway 13 and the Interstate 10 Service Road, this Dairy Queen benefits from high visibility and accessibility for travelers. The property's 100% occupancy and long-term lease provide exceptional stability and a compelling return on investment. This is a rare opportunity to acquire a well-performing, passively managed asset in a desirable location. The asking price is $1,509,167, translating to $487.30 per square foot.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Crowley
- County
- Acadia
- State
- Louisiana
- Longitude
- -92.3859
- Latitude
- 30.2372
- CBSA code
- 29180
- CBSA name
- LAFAYETTE, LA METROPOLITAN STATISTICAL AREA
