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Pinnacle Oil & Gas 1830 Gerstner Memorial Dr 2,000 SF 100% Leased Retail Building Lake Charles, LA 70601 $3,034,642 CAD ($1,517.32 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Attractive 2% Annual Rent Increases
- Accelerated Deprecation Schedule
- Absolute Triple Net Lease with No Landlord Responsibilities
- Strong Corporate Guarantee
Executive Summary
Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 1830 Gerstner Memorial Drive, Lake Charles, LA 70601. The site consists of roughly 2,000 rentable square feet of building space on an estimated .33-acre parcel of land. Pinnacle Oil & Gas is subject to a 20.01-year Triple Net (NNN) lease, which commenced 4/1/2026. The current annual rent is $166,312 and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,000 SF
Building Class
B
Year Built
2025
Price
$3,034,642 CAD
Price Per SF
$1,517.32 CAD
Cap Rate
7.50%
NOI
$227,598 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.14
Lot Size
0.33 AC
Zoning
Business
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00299235 | Improvements Assessment | $29,108 CAD |
| Land Assessment | $10,537 CAD | Total Assessment | $39,645 CAD |
Property Taxes
Parcel Number
00299235
Land Assessment
$10,537 CAD
Improvements Assessment
$29,108 CAD
Total Assessment
$39,645 CAD
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Pinnacle Oil & Gas | 1830 Gerstner Memorial Dr
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