Southern Pearl Oyster House
Perkins Rd. & Hyacinth Ave.
Baton Rouge, LA
- Cap Rate:
- Rentable SQFT:
- 6,000 SF
- Year Built:
- Lot Size:
- 0.90 +/- Acres
- Lease Type:
- Absolute NNN
- Type of Ownership:
- Under Contract
- 10-Year Absolute NNN Lease
- 10% Rental Increases Every 5 Years
- Corporate Guaranty from Gulf Coast Restaurant Group, Inc.
- Highly Successful Regional Seafood Restaurant Experiencing Significant Growth
- Ranked Top 10 Small Restaurant Chains in the U.S. According to TripAdvisor
- Brand New 2019 High-Quality Brick Construction
- More Than 154,000 Residents in Growing Trade Area
- Average Household Income Exceeds $97,000 within 1 and 3 Miles, Surrounded by Affluent Communities
- Highly Visible to 33,724 Cars/Day Along Major Artery
- Down the Street from Perkins Rowe, a $150 Million Lifestyle Community with 640 Multi-Family Units and 847,000 SF of Class-A Office/Commercial
- Adjacent to Medical/Health District with 11 Million SF of Healthcare Facilities and 1,000+ Acres to be Developed
- Close Proximity to The Grove, a 118-Acre Upscale Master-Planned Development with 850 Residences and 907,000 SF of Office/Commercial
- 1 Mile to the Upscale Mall of Louisiana with Over 15 Million Shoppers Annually, the Largest Mall in the State
- Minutes to Louisiana State University and Southern University with Over 40,000 Students
- Across from the Home Church and Hub of Jimmy Swaggart Ministries with Approximately 4,000 Worshippers Weekly
- Strong Daytime Population, Over 123,000 Employees within 5 Miles
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