•	Long John Silver’s has operated at this location for 10+ years and has 1+ years of remaining lease term
•	The tenant recently exercised their first option period and has 4 (3-year) options remaining
•	The lease features rental increases at the beginning of each option period to extend (see rent roll above)
•	Founded in 1969, Long John Silver’s has grown into the nation’s largest quick-service seafood chain with over 600+ restaurants nationwide

•	Long John Silver’s is located on Jewella Avenue (15,400 VPD) and directly off Inner Loop Expressway (53,900 VPD), allowing for quick on/off ramp access
•	Equipped with a drive-thru lane, providing ease and convenience for customers
•	Drive-thru store typically generate higher sales volume while maximizing efficiency and productivity
•	Positioned 1 mile from U.S. Highway 171 (37,700 VPD), one of Shreveport’s most popular retail thoroughfares
•	Surrounding tenants include Lowe’s, Walmart Supercenter, Chick-fil-A, Dollar Tree, and more
•	The asset is in the heart of a residential corridor and 4.5 miles from Shreveport

Shreveport, LA - Long John Silver's

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN ground leased, 7 Brew investment property located in Ruston, Louisiana. The tenant recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The franchisee, Brew Crew, successfully operates over 30 locations, with the rights to another 100+ locations. The group was awarded Franchisee of the Year in 2023, with a system-best AUV of $2.4 million.

The 7 Brew is located at the hard corner intersection of Cooktown Rd and Gains Ave. The site will benefit from direct access to Interstate 20 (59,200 VPD). Cooktown Rd is a major retail thoroughfare serving the city of Ruston (20,000 VPD). The asset is located less than 0.50 miles from both Louisiana Tech University (8,700+ students) and Ruston High School (1,300+ students). The asset is adjacent to the Shoppes at Tech Drive, a 6,800+ square foot shopping center, complete with several local tenants. In addition, 7 Brew is also across Interstate 20 from a 92,000+ square foot Hobby Lobby anchored shopping center, with other tenants including TJ Maxx, Ulta, and Five Below. The property is in the center of a primary retail corridor with other nearby national/credit tenants including Walmart Supercenter, Lowe’s Home Improvement, Chick-fil-A, Raising Cane’s, Starbucks, Zaxby’s, Take 5 Oil Change, and many more, further increasing consumer traffic to the site. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by a population of over 34,500 with an average household income of $59,704.

Ruston, LA - 7 Brew

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership), in a 100% leased, 2-tenant, freestanding Chipotle & Maxem Urgent Care building in Mandeville, Louisiana (New Orleans MSA). The tenants, Maxem Urgent Care and Chipotle, have over 5 and 6 years of firm term remaining on their current lease terms, respectively. Both leases feature options to extend with rental increases, growing NOI and hedging against inflation (see page 18 for details). Chipotle Mexican Grill is a publicly-traded (NYSE: CMG) Fortune 500 Company with approximately 3,400 locations. Maxem Urgent Care is an established urgent care provider with 18 locations across Mississippi and Louisiana. Both tenants operate under NNN leases, making this an ideal, low-management investment opportunity for a passive investor.

The subject property is strategically located along LA-22/Emerald Road, which averages 28,700 vehicles passing by daily, with close proximity to U.S. Highway 190, a major thoroughfare serving 66,400 vehicles per day. The site benefits from excellent visibility via significant street frontage and a large pylon sign. Furthermore, the building is ideally situated as an outparcel to Northlake Shopping Center, a 300,000 SF center anchored by The Fresh Market, Total Wine, Petsmart, and Five Below. Other nearby national/credit tenants within the dense retail corridor include Target, Whole Foods, T.J. Maxx, Barnes & Noble, Rouses, Banana Republic, Old Navy, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by over 75,000 residents and nearly 41,000 employees, providing a direct consumer base from which to draw. Residents within 3 miles of the subject property boast an affluent average household income of $140,484. Mandeville, Louisiana is located approximately 35 minutes from New Orleans, the largest city in the state.

Mandeville, LA - Chipotle & Maxem Urgent Care

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, newly built, two-tenant, retail strip investment property located in Jennings, LA. The offering features a strong retail-based tenant lineup of Starbucks and T-Mobile, who have recently signed brand new 10-year leases with additional options to extend, demonstrating their commitment to the site. In addition, the leases feature scheduled rental increases every 5 years throughout the initial term and options (see rent roll), growing NOI and hedging against inflation. The asset, which was built in 2023, provides zero short term rollover with a weighted average lease term of nearly 10 years and features a state-of-the-art design using the highest-quality materials available. Furthermore, both tenants operate under leases which are NNN in nature, limited expense leakage for a future investor.

The subject property is strategically located along Elton Road with clear visibility and access to an average of 36,400 vehicles passing by daily. The property also benefits from direct access onto Interstate 10 (62,300 VPD), making this a centralized location with easy access for customers and employees. The asset is ideally situated within a dense retail trade area and lies as an outparcel to Jennings Plaza, anchored by a 178K+ SF Walmart Supercenter which averaged 1.9M annual visits from March 2023 to February 2024. The additional nearby tenants include Tractor Supply Co., AutoZone, Lyons Mart, Stine Home & Yard, McDonald’s, Walgreens, Hibbett Sports, and others. The strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Moreover, the property is near numerous single-family communities and multi-family complexes including Cory Park Apartments (30 units), Cyrus Homes (32 units), Southwind (36 units), and others, providing a direct residential consumer base for the site. The 5-mile trade area is supported by more than 13,900 residents and 7,200 daytime employees, with an annual average household income of $76,623.

Jennings, LA - Jennings Retail Center

•	More than 15 years remaining on the lease with 4 (5-year) options to extend, demonstrating their commitment to the site
•	The lease features rental increases in years 4, 9, 14, and at the beginning of each option, generating NOI and hedging against inflation
•	The lease is franchisee guaranteed
•	With over 7,000 global locations, Dairy Queen is among the largest quick service restaurants, and is most known for their wide array of soft serve ice cream options
•	Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
•	No landlord responsibilities
•	Ideal, management-free investment for an out-of-state, passive investor

•	Dairy Queen is located off Westbank Expressway (100,400 VPD), providing direct on/off ramp access for travelers
•	The immediate trade area is supported by surrounding retailers such as The Home Depot, Walgreens, Floor & Decor, Best Buy, Office Depot, and more
•	2022 construction that features high-quality materials, distinct Dairy Queen design elements, and high-level finishes
•	The freestanding building is complete with a drive-thru to maximize both sales and convenience to the dense customer base immediately surrounding the site
•	More than 345,000 residents and 228,000 employees support the trade area
•	$84,614 average household income

Gretna, LA - DQ Grill & Chill

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Burger King investment property located in Baton Rouge, Louisiana. The tenant, GPS Hospitality, has over 4 years remaining on their current lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases that started in year 6 of the initial term and throughout the option periods, steadily growing NOI and hedging against inflation. The lease is an Absolute NNN lease with zero landlord responsibilities making it an ideal investment opportunity for a passive investor.

The Burger King is located near the signalized, hard corner intersection of Bluebonnet Blvd and State Hwy 42 with a combined (47,000 VPD). Bluebonnet Blvd, is a major retail road serving the city of Baton Rouge. The site is equipped with a drive-thru, providing ease and convenience for customers. On average, stores with drive-thrus experience higher sales than those without. The asset benefits from close proximity to an immense retail corridor that includes the Mall of Louisiana, 1,559,000 SF regional mall anchored by Macy’s, Ulta, Dick’s Sporting Goods, Apple, The Loft, H&M, Dillard’s, and many more. Other nearby national/credit tenants include Walgreens, Starbucks, Autozone, Office Depot, Winn Dixie, Albertsons, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by over 111,000 residents and 119,000 employees, providing a direct consumer base from which to draw. Residents within a 3-mile radius of the subject property boast an affluent average household income of $117,466.

Baton Rouge, LA - Burger King

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, brand new construction, corporate guaranteed (NYSE: SBUX), investment grade (S&P: BBB+), Starbucks investment property located in Abbeville, Louisiana. The tenant, Starbucks Corporation, recently signed a brand new 10 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to roof, exterior structure, foundation, and parking lot. The newly-constructed building will feature a state-of-the-art design with high-quality materials.

The Starbucks is located at the hard corner intersection of Odea St and Veterans Memorial Dr. with a combined (21,200 VPD). The site is ideally situated in a dense retail corridor, with numerous nearby national/credit tenants including Lowe’s, Dollar General, Circle K, McDonald’s, Taco Bell, Burger King, Advance Auto Parts, O’Reilly Auto Parts, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. Furthermore, the subject property is in close proximity to Vermilion Catholic (214 students), further increases consumer traffic to the site. The 5-mile trade area is supported by over 22,000 residents and 9,000 employees. Residents within a 5-mile radius of the subject property have an average household income of $70,214.

Abbeville, LA - Starbucks

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Pat’s Fisherman’s wharf, a well-established local restaurant and inns located in Henderson, Louisiana. The offering includes real estate and the business that has been running at the site for over 70 years. The subject property features a well-decorated restaurant and a two-story hotel that provides 24 rooms. The asset enjoys an ideal location by the Bayou Berard Canal, and a quick access to Interstate-10 and State Hwy-352.

Henderson, LA - Pat's Fisherman's Wharf Restaurant

•	Dollar General has 6 years remaining on their current lease with 3 (5-year) options to extend
•	The asset is paying below market rent of around $8.00 a square foot, providing the tenant with a steady rent to support sales
•	The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,000 locations in 47 states as of February 2024

•	Dollar General is strategically situated along State Hwy 10 which is a conduit between Lake Charles Hwy coming from Deridder, Leesville, and all the surrounding communities, which averages 12,500 VPD
•	The subject property benefits from no competition in the immediate trade area
•	This is the only Dollar General within 20 miles on Highway 10
•	The asset has excellent visibility via street frontage and large pylon sign

Leesville, LA - Dollar General

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, freestanding, Banfield Pet Hospital investment property located in Slidell, Louisiana. The tenant, Banfield Pet Hospital, has over 6 years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to roof and structure making it an ideal, low-management investment opportunity for a passive investor. Banfield Pet Hospital was founded in Portland, Ore. in 1955 and today is a pioneer in preventive veterinary care with more than 1,000 general veterinary hospitals in 42 states.

The subject property is located at the signalized intersection of Gause Blvd, which averages 24,500 VPD. The site benefits from nearby direct on/off ramp access to Interstate 10, a major thoroughfare connection the west coast to the east coast, that averages 56,700 vehicles passing by daily. The asset is directly across the street from Midtown Square Shopping Center (150,000+ SF), which is anchored by Hobby Lobby, Office Depot, Harbor Freight, and more. The site is ideally situated in a dense retail corridor, with numerous nearby national/credit tenants including Lowe’s, Walmart Supercenter, Home Depot, CVS, Walgreens, and many more. Furthermore, the subject property is in close proximity to Slidell Memorial Hospital (223 beds), further increasing consumer traffic to the immediate trade area. The 5-mile trade area is supported by a population of over 86,000 residents and 35,000 daytime employees, providing a direct consumer base from which to draw. Residents within a 1-mile radius of the subject property boast an affluent average household income of $103,906.

Slidell, LA - Banfield Pet Hospital

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, brand new construction, corporate guaranteed (NYSE: SBUX), investment grade (S&P: BBB+), Starbucks investment property located in Moss Bluff, Louisiana (Lake Charles MSA). The tenant, Starbucks Corporation, recently signed a brand new 10 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to roof, exterior structure, foundation, and parking lot. The newly-constructed building will feature a state-of-the-art design with high-quality materials.

The Starbucks is strategically located Sam Houston Jones Pkwy with over 21,000 vehicles passing by daily. The subject property is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Walmart Neighborhood Market, Popeyes, Dollar General, Circle K, Advance Auto Parts, Burger King, McDonald’s, Sonic, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. Furthermore, the site benefits from close proximity to Moss Bluff Middle School (817 students) and Sam Houston High School (1,206 students), further increasing consumer traffic to the site. The 5-mile trade area is supported by over 43,000 residents and 9,000 employees, providing a direct consumer base from which to draw. Residents within a 1-mile radius of the subject property boast an affluent average household income of $130,631.

Lake Charles, LA - Starbucks

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, Joe Hudson’s Collision Center investment property located in Zachary, Louisiana. The tenant, JHCC Holdings LLC has approximately 9 years remaining on a 10 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Joe Hudson’s Collision Center operates over 200 locations across 16 states.

The Joe Hudson’s Collision Center is located near the signalized, hard corner intersection of Plank Rd and State Highway 64, combining to average over 32,900 vehicles passing by daily. St Hwy 64 is a major retail thoroughfare serving the city of Zachary. Additionally, the asset is close to other major thoroughfares including State Highway 19 (18,000 VPD). The property is located 2 miles southeast of downtown Zachary, with tenants including Walmart, Home Depot, TJ Maxx, Winn Dixie, and more. Joe Hudson’s Collision Center is located in the Baton Rouge MSA (219,000 population). The property is in the center of a primary retail corridor with other nearby national/credit tenants including McDonald’s, Raising Cane’s, Take 5 Oil Change, and several hotels and schools. The 5-mile trade area is supported by a population of over 33,200 with an average household income of $96,057.

Commercial Investment Sale Properties in Louisiana