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28571 LA 43 Hwy 3,500 SF 100% Leased Retail Building Albany, LA 70711 $2,616,889 CAD ($747.68 CAD/SF) 12.12% Cap Rate

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EXECUTIVE SUMMARY

This well established C store/gas station/ car wash is perfectly positioned on 1.5 acres in Albany, La just off of the interstate. C store features Chevron fuel, a Subway restaurant and Creole Fried Chicken program. C store and car wash sit on 1 acre and property includes .5 acre of additional land for possible expansion or development . Currently surplus land generates lease income from operator of Ice Machine and billboard rental income. This well established C store/gas station/ car wash is perfectly positioned on 1.5 acres in Albany, La just off of the interstate. C store features Chevron fuel, a Subway restaurant and Creole Fried Chicken program. C store and car wash sit on 1 acre and property includes .5 acre of additional land for possible expansion or development . Currently surplus land generates lease income from operator of Ice Machine and billboard rental income.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront
Building Size
3,500 SF
Building Class
C
Year Built
2001
Price
$2,616,889 CAD
Price Per SF
$747.68 CAD
Cap Rate
12.12%
NOI
$317,181 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.48 AC
Zoning
Commercial mix
Parking
12 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
176’ on HWY 43

ABOUT 28571 LA 43 HWY , ALBANY, LA 70711

28571 & 28575 la highway 43

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Albany Chevron
  • Retailer
  • -
  • -
  • -
  • Mining, Quarrying, and Oil and Gas Extraction
  • -
  • -
  • -

Chevron is one of the world’s leading integrated energy companies. They believe affordable, reliable, and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals, and additives; and develops technologies that enhance their business and the industry. To advance a lower-carbon future, they are focused on cost-efficiently lowering their carbon intensity, increasing renewables and offsets in support of their business, and investing in low-carbon technologies that enable commercial solutions. Their greatest resource is their people. Their ingenuity, creativity, and collaboration have met the complex challenges of energy’s past. Together, they’ll take on the future.

  • Retailer
  • -
  • -
  • -

In the United States, the On the Run convenience store brand is owned by TMC Franchise Corporation (TMC), a subsidiary of Alimentation Couche-Tard (ACT), a Canadian convenience store company. TMC has granted an exclusive license to use the brand in over 46 states to Parkland (U.S.) Holding Corp., a subsidiary of Parkland, a Canadian fuel company that owns the brand in Canada. ACT and its affiliates own, operate, and/or license other convenience store brands including Circle K, Couche-Tard, Macs, Kangaroo Express, and Corner Store. ACT acquired the On the Run sites and brand name in the U.S. in 2009. Today, the majority have been converted to Circle K company-operated sites, but a number of On the Run franchise locations remain open in various parts of the U.S.

  • Accommodation and Food Services
  • -
  • -
  • -

Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Albany Chevron Retailer - - -
Mining, Quarrying, and Oil and Gas Extraction - - -
Retailer - - -
Accommodation and Food Services - - -
  • Listing ID: 38751284

  • Date on Market: 2025-12-11

  • Last Updated:

  • Address: 28571 LA 43 Hwy, Albany, LA 70711

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