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Property profile & analytics
OFF-MARKET
Commercial real estate

19026 Crowley Eunice Hwy Crowley, LA 70526-0800

0.92 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US36-1586268
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.92 ac (40,075 SF)
APN 610045810
UPID US36-1586268
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dairy Queen Grill & Chill Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tng Krin LLC · 2 yrs held
Tng Krin LLC
since 2024
3 recorded transactions
2024
Price N/A
2024
Price N/A
2017
$420,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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