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Burger King 206 E 1st St 3,250 SF Retail Building Thibodaux, LA 70301 $4,154,730 CAD ($1,278.38 CAD/SF) 6% Cap Rate
EXECUTIVE SUMMARY
Prime Location in Thibodaux, LA / One Block from Canal Blvd. and right down the street from Nicholls University / This location is one of the highest producing Burger King's in the country / Recent complete renovation with the addition of a second drive up lane / New long term lease in place with a large established operator / Owner, Agent
MOTIVATED SELLER / BRING ALL OFFERS
MOTIVATED SELLER / BRING ALL OFFERS
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,250 SF
Building Class
B
Year Built
2022
Price
$4,154,730 CAD
Price Per SF
$1,278.38 CAD
Cap Rate
6%
NOI
$249,284 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.81 AC
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
167’ on East 1st Street
AMENITIES
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- GPS Hospitality
- Accommodation and Food Services
- -
- -
- Triple Net
- Dec 2040
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| GPS Hospitality | Accommodation and Food Services | - | - | Triple Net | Dec 2040 |
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0020475300 | Improvements Assessment | $55,589 CAD |
| Land Assessment | $5,615 CAD | Total Assessment | $61,204 CAD |
PROPERTY TAXES
Parcel Number
0020475300
Land Assessment
$5,615 CAD
Improvements Assessment
$55,589 CAD
Total Assessment
$61,204 CAD
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Presented by
Red Door Realty
Burger King | 206 E 1st St
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