Chipotle Mexican Grill - Houma, LA

This strategically located new ground lease is in the center of the region's destination retail. Located as an out-pad to a Target along the main thoroughfare of Martin Luther King Boulevard, the site is among the following other nationally well known retailers: Michaels, Starbucks, West Marine, Ross Dress for Less, Dollar Tree, Petsmart, Sally's Nails, Chuck E Cheese's, Chick-fil-A, Canes, Home Depot, IHop, Petco, McDonalds, Burger King, a Super WalMart, Hooters, Marshalls, Office Depot, Chili's, a Nissan and Cadillac dealership, Pier 1 Imports, Old Navy, another Michaels, Lowe's, Best Buy, Waffle House, Golden Corral, Goodwill, Harley Davidson, Game Stop, Arby's and Academy Sports. Also in the immediate area are a Mobile Station, a Verizon Wireless, Buffalo Wild Wings, Sports Clip, Stage, and a Hobby Lobby.

 

Beyond the immediate retail hub the region is surrounded by residential communities and natural reserves like the Quiski Bayou which is directly behind the subject site. Located 37 miles southwest from New Orleans.

Additional Info

  • Address: : 1725 Martin Luther King, Houma, LA 70360
  • Price: : $1,900,000
  • Net Rentable Area: : 2,100
  • Lot Size (Acres): : .787
  • CAP Rate: : 4.25%
  • Price Per Sqft: : $938.57
  • NOI: : $80,750
  • Year Built: : 2014
  • Status: : Available

What Clients Are Saying                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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