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7305 Highway 182 E
Morgan City, LA 70380
Wendy's · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Zero Landlord Responsibilities
- High Performing Site w/ Strong Rent-to-Sales
- 10+ Years Operating History
- Recent Renovation
- Long-Term Lease w/ Built-In Rent Increases
- Strategic Positioning in a Heavily Trafficked Retail Corridor
Résumé de l'annonce
Northmarq, as exclusive agent, is proud to offer for sale to qualified investors the opportunity to acquire 7305 Highway 182 East, a 3,073 SF single-tenant fee simple interest located in Morgan City, LA. The property is occupied by a Wendy's Franchisee with over 29 years of experience who has successfully operated at this location since 2010. The site was updated to the new Wendy's store styling in 2023, demonstrating the tenant's commitment to the site.
Located in a major retail corridor off of Highway 182 East, the property benefits from consistent traffic and visibility to over 33K vehicles per day. The absolute NNN lease creates an ideal passive investment opportunity, requiring minimal involvement from the landlord. Wendy's has an annual rent of $105,000, which is under a personal guarantee by the franchisee through the remaining ±13 years of firm lease term.
Morgan City’s economy is driven by the energy, marine, and industrial sectors, which provide a strong foundation for employment and business activity. Major employers include large oil and gas companies like Chevron, Shell, and McDermott. This concentration of energy and marine industries creates a stable economic base and consistent demand for retail and service businesses in the region.
Located in a major retail corridor off of Highway 182 East, the property benefits from consistent traffic and visibility to over 33K vehicles per day. The absolute NNN lease creates an ideal passive investment opportunity, requiring minimal involvement from the landlord. Wendy's has an annual rent of $105,000, which is under a personal guarantee by the franchisee through the remaining ±13 years of firm lease term.
Morgan City’s economy is driven by the energy, marine, and industrial sectors, which provide a strong foundation for employment and business activity. Major employers include large oil and gas companies like Chevron, Shell, and McDermott. This concentration of energy and marine industries creates a stable economic base and consistent demand for retail and service businesses in the region.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
3 037 pi²
Classe d’immeuble
C
Année de construction
2010
Prix
2 230 638 $ CAD
Prix par pi²
734,49 $ CAD
Taux de capitalisation
6,50%
Revenu net d’exploitation
145 026 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,08
Taille du lot
0,89 AC
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 77 183 $ CAD | |
| Évaluation du terrain | 41 062 $ CAD | Évaluation totale | 118 245 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
41 062 $ CAD
Évaluation des bâtiments
77 183 $ CAD
Évaluation totale
118 245 $ CAD
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