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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