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2203 N Parkerson Ave, Crowley, LA, 70526

Domino’s Pizza
$652,500

Key Information

Cap Rate
6.15%
$ per SF
$344
Tot. SF
1,894
Year Built
2018
Term Remaining
±3.5 YRS
Type
Retail
NOI
$40,125

Highlights

  • ±3.5 Years Remaining on Absolute NNN Lease – The property is encumbered by an absolute triple-net lease with approximately ±3.5 years remaining, providing investors with passive ownership through tenant responsibility for all taxes,
    insurance, and maintenance.
  • National Credit Sublease by KBP Foods – The asset is leased to KBP Foods, a nationally recognized operator with over 1,100 units across leading QSR brands including KFC, Taco Bell, Arby’s, and Sonic. KBP Foods subleases the site to R & R Pizza of Lafayette Inc., an experienced multi-unit franchisee, enhancing operational stability.
  • New Construction – Built in 2018 – Delivered in 2018, the property benefits from modern construction standards, minimizing capital expenditure risk and supporting long-term asset performance.
  • High-Visibility Corridor with Strong Traffic Counts – Strategically positioned on N Parkerson Avenue, a key arterial in a Lafayette submarket, the property enjoys excellent exposure with traffic volumes of ±18,000 vehicles per day. It is situated near major demand drivers, including Walmart, North Crowley Elementary, and Notre Dame High School.
  • Resilient Retail Submarket – The surrounding area demonstrates consistent population growth, stable household incomes, and reliable municipal infrastructure, supporting durable retail tenancy and long-term investment viability.
  • Strategic Small-Market Location – Crowley, LA – Crowley presents a compelling small-market opportunity with solid market fundamentals and future upside potential. Positioned along I-10 between Lafayette and Lake Charles, the city functions as a regional hub for agriculture, light manufacturing, and essential retail services.

Photos

Location

Agents

Broker of Record

Donnie Jarreau

License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810