Smalls Sliders

6005 Youree Drive, Shreveport, LA, 71105 United States

$2,304,000

Cap Rate 6.25%

Views: 80 DOM: 73 Updated: 06.26.24 Posted: 06.26.24 Status: Active

Summary

Price $2,304,000	Built/Renov 2022	Tenant Smalls Sliders
Cap Rate 6.25%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 800	Lease Start 08-01-2024	#Units 1
Price/SF $2,880.00	Expiration 07-31-2039	Tenant Type Fast Food/QSR
NOI $144,000	R. Term 14.11	Ownership Fee Simple
Rent/SF $180.00	Increases 10.0%/5/yrs	Pop 5Mi 141,887
Lot/AC 1.00	Options 3/5yrs/10%	AHHI 5Mi $69,306

Lease Highlights

New 2022 construction
Brand-new 15-year lease with 3 (5-year) options to extend
The lease features 10% rental escalations throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Lease guaranteed by McJunkins Restaurant Group | Speak with Agent for details

Location Description

Smalls Sliders is strategically located on Youree Drive, with access to 28,550 vehicles passing by daily. The property is situated in an excellent retail corridor, within walking distance to over 2.2 million square feet of retail space, including University Place, Kings Crossing, and Regal Shopping Center. Surrounding the area are well-known national tenants such as Sam’s Club, Best Buy, T.J....

...

Key Features

New construction
Build to suit
Dense retail corridor
Near major nationals
Dense 100M+ pop 5 mi
Major MSA
Brand new lease
Long 15+ yr lease
Absolute NNN
Personal guarantee

...

Links

Smalls Sliders Wikipedia Shreveport, Louisiana Zip Code 71105 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Smalls Sliders
Guarantor:Franchisee
Company:McJunkins Restaurant Group
# Units:1
Stock:Private

About Tenant

Smalls Sliders is a rapidly growing quick-service restaurant chain specializing in cheeseburger sliders, waffle fries, and shakes. Known for its unique modular construction, the restaurant...

...

Listing Broker

Calvin Short

Berkeley Capital Advisors

Contact

175 Listings
18664 Views
22 Sold

Aron Cline

Berkeley Capital Advisors

Contact

168 Listings
18041 Views
20 Sold

Calvin Short

Calvin Short joined Berkeley Capital Advisors in 2021 and leads the West Coast capital markets group. Since joining Berkeley, Calvin has been a part of closing 1,400 separate transactions with $4 billion in sales volume. Prior to Berkeley, Calvin served as Senior Vice President at Matthews REIS where he was consistently ranked within Matthews’ top five producing agents. In 2012, he graduated from The University of San Diego with a B.A. in Real Estate Finance. Calvin has spent the past 10 years

...

Aron Cline

Specializing in Single Tenant Net Lease and Shopping Centers, Aron Cline leads Berkeley Capital Advisors’ West Coast Office. Since 2011, Aron has been actively engaged in the commercial real estate space. Over the last decade, he and his team have been regarded as one of the most active brokerage teams in the country - having brokered over 1,300 transactions totaling $3.5 billion. His dedication and success have earned him the trust of some of the country’s top institutions, developers, high ne

...

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT