PJ's Coffee - Net Lease Property for Sale
Marrero, LA
Key Investment Metrics
Price
$1,951,220
Cap Rate
6.2%
Net Operating Income
$120,000
Building Size
1575 SF
Lot Size
1,575 SF
Land Area
0.58 Acres
Remaining Term
15 years
Lease Term
15 years
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This PJ's Coffee Net Lease Property
This PJ's Coffee NNN (triple net lease) property is located in Marrero, LA and represents an excellent investment opportunity for commercial real estate investors. The property features 1575 square feet of building space and was built in 2023.
With a cap rate of 6.2%, this PJ's Coffee net lease property offers stable income potential. The asking price is $1,951,220, making it an attractive option for 1031 exchange investors seeking quality PJ's Coffee commercial properties.
Why Invest in PJ's Coffee NNN Properties?
- Stable Income: PJ's Coffee net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: PJ's Coffee is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Marrero, LA Market Overview
Located in Marrero, LA, this PJ's Coffee property benefits from strong local demographics and market fundamentals. The Marrero area offers excellent visibility and accessibility, making it an ideal location for PJ's Coffee operations and a solid investment for net lease property buyers.