Wendy's 7305 Highway 182 E 3 037 pi² Commerce de détail Immeuble Morgan City, LA 70380 2 201 266 $ CAD (724,82 $ CAD/pi²) 6,75% Taux de capitalisation

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.